8-K

CRH PUBLIC LTD CO 8-K Report (Oct 16, 2014)

Filed October 16, 2014For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on October 16, 2014, reporting a transaction involving its own shares. On October 15, 2014, the company transferred 1,180 Ordinary Shares from its treasury to participants in its employee share schemes. These shares were transferred at prices of £11.19 and £11.36 per share. This transaction is significant for investors as it reflects CRH's practice of utilizing treasury shares for employee incentive programs. Following this transfer, CRH now holds 3,940,478 Ordinary Shares in treasury, with the total number of outstanding ordinary shares (excluding treasury shares) standing at 739,372,758. Investors should note that such transactions do not directly impact the company's operational performance but are relevant to share count and potential dilution considerations.

Key Highlights

  • 1CRH transferred 1,180 Ordinary Shares from treasury to employee share schemes on October 15, 2014.
  • 2The transfer prices ranged from £11.19 to £11.36 per Ordinary Share.
  • 3Following the transaction, CRH holds 3,940,478 Ordinary Shares in treasury.
  • 4The total number of outstanding Ordinary Shares, excluding treasury shares, is 739,372,758.
  • 5The filing is a Form 6-K, reporting on a foreign private issuer's transactions.
  • 6The transaction is related to CRH's employee share incentive programs.

Frequently Asked Questions

The transfer of shares was for CRH's employee share schemes, indicating a mechanism for rewarding or incentivizing employees through equity.

This specific transaction reduces the number of treasury shares by 1,180. The total number of issued and outstanding shares (excluding treasury shares) remains at 739,372,758, as treasury shares are not considered outstanding for voting or dividend purposes.

These are shares re-issued from the company's treasury stock, meaning they were previously issued, repurchased by CRH, and held for later use.

Shares held in treasury are shares that the company has repurchased from the open market. They are not considered outstanding, do not carry voting rights, and do not receive dividends. Companies often hold treasury shares for various purposes, such as employee stock options, acquisitions, or to offset dilution from other share issuances.