8-K

CRH PUBLIC LTD CO 8-K Report (Dec 23, 2014)

Filed December 23, 2014For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on December 23, 2014, to report on transactions involving its own shares. The company announced the re-issuance of 8,044 ordinary shares from its treasury stock to participants in its employee share schemes. These shares were transferred at prices ranging from €11.18 to €18.7463 and £11.36 to £12.9574, reflecting different currency denominations for the transactions. This transaction is significant for investors as it impacts the company's outstanding share count and treasury share balance. Following this re-issuance, CRH's treasury shares were reduced to 3,788,659. The total number of ordinary shares in issue, excluding treasury shares, stands at 740,737,277. This update provides transparency on CRH's capital structure and its engagement with employee incentive programs.

Key Highlights

  • 1CRH plc re-issued 8,044 ordinary shares from treasury stock on December 23, 2014.
  • 2The re-issued shares were allocated to participants in CRH's employee share schemes.
  • 3Transaction prices varied by currency: €11.18 - €18.7463 and £11.36 - £12.9574 per ordinary share.
  • 4Following the transaction, CRH holds 3,788,659 ordinary shares in treasury.
  • 5The number of ordinary shares in issue (excluding treasury shares) is 740,737,277.

Frequently Asked Questions

This Form 6-K filing is to report on CRH's transaction of re-issuing treasury shares to participants of its employee share schemes.

The re-issuance decreases the number of shares held in treasury and increases the number of outstanding shares (excluding treasury shares) by the number of shares re-issued. In this case, 8,044 shares were re-issued.

Treasury shares are shares that a company has repurchased from the open market or were previously issued and subsequently repurchased. CRH holds these shares internally and can re-issue them for various purposes, such as employee stock options or acquisitions, as indicated in this filing.

CRH is an Irish-domiciled company (operating primarily in the Eurozone) but also has significant operations and listings in other currencies, such as the UK Pound Sterling. The different currency prices reflect the specific denominations applicable to the employee participants or the particular share scheme involved in the transaction.