8-K

CRH PUBLIC LTD CO 8-K Report (Mar 23, 2015)

Filed March 23, 2015For Securities:CRH

Summary

This filing by CRH Public Limited Company (CRH) on March 23, 2015, reports a transaction involving the re-issue of treasury shares on March 20, 2015. The company transferred 61,667 Ordinary Shares to participants in its employee share schemes at prices ranging from €17.30 to €18.8545 per share, and at a price of £12.9574 per share. This action is a routine part of managing employee compensation and benefits through share-based incentive programs. Following this re-issuance, CRH's total number of ordinary shares held in treasury decreased, with the company now holding 2,785,662 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding these treasury shares, is 815,780,189. Investors should note that transactions involving treasury shares are generally related to stock option exercises, employee share awards, or other equity-based compensation plans and do not typically represent new capital raising or significant shifts in the company's financial structure.

Key Highlights

  • 1CRH plc re-issued 61,667 Ordinary Shares from treasury on March 20, 2015.
  • 2These shares were transferred to participants in the company's employee share schemes.
  • 3Share prices for the transaction ranged from €17.30 to €18.8545 per Ordinary Share, with one transaction at £12.9574 per Ordinary Share.
  • 4Following the transaction, CRH plc holds 2,785,662 Ordinary Shares in treasury.
  • 5The total number of Ordinary Shares in issue, excluding treasury shares, stands at 815,780,189.

Frequently Asked Questions

This filing (specifically a Form 6-K, which is for foreign private issuers) reports on CRH plc's re-issuance of treasury shares to employees participating in its share schemes. It's a disclosure of routine corporate actions related to employee compensation.

No, this transaction does not involve new capital for CRH. The shares being re-issued were already held by the company in its treasury, meaning they were previously issued and then repurchased or otherwise acquired by CRH. This is a transfer of existing shares, not the issuance of new ones.

Treasury shares are shares that a company has repurchased from the open market or otherwise acquired. They are not considered outstanding shares and do not carry voting rights or receive dividends. Companies hold treasury shares for various purposes, including fulfilling employee stock options, stock purchase plans, or for future acquisitions.

This transaction reduces the number of treasury shares held by CRH. The number of outstanding shares (excluding treasury shares) remains 815,780,189, as the re-issued shares were already part of the company's share capital before being held in treasury.