8-K

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

Filed April 23, 2015For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed an 8-K report on April 23, 2015, to disclose a transaction involving the re-issuance of treasury shares. On April 22, 2015, the company transferred 29,312 ordinary shares from its treasury to participants in its employee share schemes. These shares were re-issued at various prices, with some in Euros (€16.58 and €21.5235) and others in British Pounds (£11.19 to £14.94). This transaction is significant as it directly impacts the number of shares held in treasury and the total number of outstanding shares. Following this re-issuance, CRH's treasury share balance decreased to 2,353,222 ordinary shares, and the number of shares in issue, excluding treasury shares, stands at 816,212,629. This disclosure is important for investors to understand the company's share capital structure and the extent of its share buyback programs or employee incentive schemes.

Key Highlights

  • 1CRH Public Limited Company filed an 8-K report on April 23, 2015.
  • 2The report details the re-issuance of 29,312 ordinary shares from treasury on April 22, 2015.
  • 3These shares were transferred to participants in CRH's employee share schemes.
  • 4The re-issuance occurred at various price points, denominated in both Euros and British Pounds.
  • 5Following the transaction, CRH holds 2,353,222 ordinary shares in treasury.
  • 6The total number of ordinary shares in issue (excluding treasury shares) is now 816,212,629.

Frequently Asked Questions

The primary purpose of this 8-K filing was to report a transaction involving the re-issuance of CRH's own shares that were previously held in treasury. Specifically, it disclosed the transfer of ordinary shares to employees participating in share schemes.

CRH re-issued 29,312 ordinary shares. These shares were transferred to participants in CRH's employee share schemes.

The transaction reduced the number of shares held in treasury by 29,312, bringing the treasury balance to 2,353,222 ordinary shares. The number of outstanding shares (excluding treasury shares) increased to 816,212,629.

Treasury shares are important because they represent shares the company has repurchased and can be re-issued for various corporate purposes, such as employee stock options, acquisitions, or capital reduction. Tracking changes in treasury stock can provide insights into a company's capital management strategies and potential dilution or accretion effects on earnings per share.