8-K

CRH PUBLIC LTD CO 8-K Report (Feb 12, 2015)

Filed February 12, 2015For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on February 12, 2015, reporting a transaction involving its own shares. Specifically, on February 11, 2015, CRH transferred 13,981 ordinary shares from its treasury to a participant in an employee share scheme. The shares were transferred at prices ranging from €17.30 to €21.5235 per share. This transaction is relevant to investors as it impacts the company's share count and can be an indicator of employee compensation and retention strategies. Following this re-issuance of treasury shares, CRH now holds 3,739,934 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding these treasury shares, stands at 814,825,917. Investors should note these figures when analyzing CRH's financial statements, particularly metrics such as earnings per share (EPS) and share-based compensation expenses.

Key Highlights

  • 1CRH plc re-issued 13,981 ordinary shares from its treasury on February 11, 2015.
  • 2These shares were transferred to a participant in an employee share scheme.
  • 3The transfer prices for the ordinary shares ranged between €17.30 and €21.5235.
  • 4Following the transaction, CRH holds 3,739,934 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue, excluding treasury shares, is 814,825,917.
  • 6The filing is a Form 6-K, indicating a report of foreign private issuer.
  • 7The filing was made on February 12, 2015, concerning events on February 10, 2015.

Frequently Asked Questions

Re-issuing treasury shares, as CRH did, typically relates to employee compensation and benefits. Companies use treasury shares to fulfill obligations under stock options, employee stock purchase plans, or other share-based incentive programs. For investors, this indicates the company's commitment to retaining and incentivizing its employees through equity participation. It also affects the total number of shares outstanding.

This transaction reduces the number of shares held in treasury and increases the number of outstanding shares by 13,981. The company's total number of ordinary shares in issue (excluding treasury shares) is now 814,825,917. This change is important for calculating per-share metrics like earnings per share (EPS).

A Form 6-K is an 'Report of Foreign Private Issuer' required by the U.S. Securities and Exchange Commission (SEC). Foreign private issuers use this form to submit certain information that they make public in their home country, or are required to disclose pursuant to foreign law, or that is distributed to their security holders. This filing by CRH plc, an Irish company, falls under this category.