8-K

CRH PUBLIC LTD CO 8-K Report (Mar 19, 2015)

Filed March 19, 2015For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on March 19, 2015, reporting a transaction involving its own shares. On March 18, 2015, the company transferred 118,128 Ordinary Shares from its treasury to participants in its employee share schemes. These shares were transferred at various prices, denominated in both Euros and Pounds Sterling, reflecting market conditions at the time of the transactions. This event is significant for investors as it directly impacts the company's share count and can be viewed as a component of executive and employee compensation. Following this transfer, CRH's treasury stock balance was reduced, and the number of outstanding shares (excluding treasury shares) was updated. Investors should note these adjustments as they affect metrics like earnings per share and overall share dilution.

Key Highlights

  • 1CRH plc re-issued treasury shares on March 18, 2015.
  • 2118,128 Ordinary Shares were transferred to participants in employee share schemes.
  • 3Share prices ranged from €16.58 to €21.5235 and £12.9574 per Ordinary Share.
  • 4Following the transfer, CRH holds 2,847,329 Ordinary Shares in Treasury.
  • 5The number of Ordinary Shares in issue, excluding Treasury Shares, is 815,718,522.

Frequently Asked Questions

This Form 6-K filing reports on CRH plc's re-issuance of treasury shares to employees participating in its share schemes. It provides an update on the company's treasury stock and outstanding share counts.

The shares were transferred as part of CRH's employee share schemes, which is a common practice for compensating and incentivizing employees.

The transfer of 118,128 treasury shares reduces the number of shares held in treasury and increases the number of outstanding shares (excluding treasury shares) by the same amount. This slightly dilutes the ownership percentage of existing shareholders.

Yes, the prices indicate the value at which these shares were issued under the employee schemes, which can provide insight into the company's compensation strategy and the perceived value of its stock by management and employees at that time.