8-K

CRH PUBLIC LTD CO 8-K Report (Jul 10, 2014)

Filed July 10, 2014For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K on July 10, 2014, reporting a transaction involving its own shares. Specifically, on July 9, 2014, the company re-issued 17,160 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at prices of €11.18, £11.19, and £11.36, reflecting the relevant currency for the participants. This re-issuance has resulted in a reduction of CRH's treasury shares. Following the transaction, CRH now holds 4,109,014 ordinary shares in treasury, with a total of 739,204,222 ordinary shares outstanding (excluding treasury shares). This disclosure is primarily an update on share capital and treasury stock, important for understanding the company's share structure and potential future dilution from treasury shares.

Key Highlights

  • 1CRH re-issued 17,160 ordinary shares from its treasury on July 9, 2014.
  • 2The shares were transferred to participants in CRH's employee share schemes.
  • 3The re-issuance occurred at prices of €11.18, £11.19, and £11.36 per ordinary share.
  • 4Following the transaction, CRH's treasury share balance decreased to 4,109,014 ordinary shares.
  • 5The total number of ordinary shares in issue (excluding treasury shares) stands at 739,204,222.

Frequently Asked Questions

This filing (Form 6-K) was made to report a transaction involving CRH's own shares, specifically the re-issuance of treasury shares to employees under share schemes.

The transaction decreased the number of shares held in treasury by 17,160. The total number of shares outstanding (excluding treasury shares) remains substantial at 739,204,222, and the treasury stock balance is now 4,109,014.

Treasury shares are shares that a company has repurchased from the open market but has not yet retired. They do not carry voting rights and do not receive dividends. CRH re-issued these shares, meaning they are now back in circulation, typically to fulfill obligations like employee stock options or grants.

The different prices likely reflect the currency in which the transaction was settled for the respective employee participants, with €11.18 in Euros and £11.19/£11.36 in British Pounds, possibly due to the location or denomination of the employee share scheme.