8-K

CRH PUBLIC LTD CO 8-K Report (Dec 31, 2014)

Filed December 31, 2014For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K, reporting a transaction involving its own shares. On December 31, 2014, the company re-issued treasury shares to participants in its employee share schemes. This action involved the transfer of 4,332 Ordinary Shares, with a portion priced in Euros and another in Sterling, reflecting different currency denominations for its employees. This filing provides an update on CRH's treasury stock and issued share count. Following the re-issuance, CRH now holds 3,775,455 Ordinary Shares in treasury. The total number of Ordinary Shares outstanding, excluding those held in treasury, stands at 740,750,481. This information is relevant for investors assessing the company's share structure and potential dilution from treasury stock.

Key Highlights

  • 1CRH plc re-issued 4,332 Ordinary Shares from its treasury stock to employees.
  • 2The transaction occurred on December 31, 2014.
  • 3A portion of the shares were priced at €16.58 per Ordinary Share.
  • 4Another portion of the shares were priced at Stg£12.9574 per Ordinary Share.
  • 5Following this re-issuance, CRH plc's treasury stock balance is now 3,775,455 Ordinary Shares.
  • 6The total number of Ordinary Shares in issue (excluding treasury shares) is 740,750,481.

Frequently Asked Questions

The treasury shares were re-issued to participants in CRH's employee share schemes, likely as part of compensation or incentive programs.

The re-issuance of treasury shares does not change the total number of outstanding shares. It reduces the number of shares held in treasury and increases the number of shares in circulation that are held by employees. The total issued share capital remains the same before and after this specific transaction in terms of overall ownership, but the number of shares held by the public and employees increases.

The shares were priced in both Euros (€16.58) and British Pounds (Stg£12.9574) to accommodate the currency preferences or locations of the employees participating in the share schemes.

As of December 31, 2014, CRH plc has 740,750,481 Ordinary Shares in issue, excluding the 3,775,455 Ordinary Shares held in treasury.