Summary
CRH plc, a foreign private issuer, filed a Form 6-K on June 12, 2014, to report a transaction involving its own shares. Specifically, on June 11, 2014, the company transferred 42,735 ordinary shares from its treasury to participants in an employee share scheme. These shares were transferred at prices ranging from €16.58 to €18.8545 per share. This transaction resulted in CRH plc holding 4,276,469 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding treasury shares, is 739,036,767. This filing is primarily an informational disclosure regarding share movements related to employee compensation and does not represent a material change in the company's financial position or strategic direction.
Key Highlights
- 1CRH plc transferred 42,735 ordinary shares on June 11, 2014.
- 2The shares were transferred to participants in an employee share scheme.
- 3The transaction prices ranged from €16.58 to €18.8545 per ordinary share.
- 4Following the transfer, CRH plc holds 4,276,469 ordinary shares in treasury.
- 5The total number of ordinary shares in issue (excluding treasury shares) is 739,036,767.
Frequently Asked Questions
The primary purpose of this filing (on Form 6-K) was to report a transaction involving the re-issue of treasury shares by CRH plc to participants in an employee share scheme.
CRH plc transferred 42,735 ordinary shares. The transfer prices ranged from €16.58 to €18.8545 per ordinary share.
Following the transaction, CRH plc holds 4,276,469 ordinary shares in treasury. The total number of ordinary shares in issue, excluding these treasury shares, stands at 739,036,767.
No, this transaction appears to be a routine re-issuance of treasury shares for employee compensation purposes and does not signal a new strategic direction or a material change in the company's operations.