8-K

CRH PUBLIC LTD CO 8-K Report (Apr 30, 2015)

Filed April 30, 2015For Securities:CRH

Summary

This 8-K filing from CRH Public Limited Company (CRH) on April 30, 2015, reports on the re-issuance of treasury shares. Specifically, CRH transferred 15,432 ordinary shares to participants in its employee share schemes on April 29, 2015. These shares were transferred at varying prices in both Euros and Pounds Sterling, reflecting market prices at the time of the transactions. This action reduces the number of shares held in treasury, impacting the company's outstanding share count. Following this transfer, CRH holds 2,337,790 ordinary shares in treasury, with a total of 816,228,061 ordinary shares in issue (excluding treasury shares). Investors should note this as a standard corporate action related to employee compensation and share-based incentives, which slightly dilutes ownership but is often a common practice for companies offering such plans.

Key Highlights

  • 1CRH Public Limited Company filed an 8-K on April 30, 2015.
  • 2The filing reports on the re-issuance of treasury shares.
  • 315,432 ordinary shares were transferred to employee share scheme participants on April 29, 2015.
  • 4Share prices ranged from €16.58 to €21.5235 and £11.19 to £14.94.
  • 5Following the transaction, CRH holds 2,337,790 ordinary shares in treasury.
  • 6The number of ordinary shares in issue (excluding treasury shares) is 816,228,061.

Frequently Asked Questions

The main purpose of this 8-K filing is to report that CRH Public Limited Company re-issued treasury shares by transferring them to participants in its employee share schemes.

A total of 15,432 ordinary shares were transferred. The prices varied, ranging from €16.58 to €21.5235 per share in Euros, and from £11.19 to £14.94 per share in Pounds Sterling.

This transaction reduces the number of shares held in treasury. After the re-issuance, CRH holds 2,337,790 treasury shares, and the total number of ordinary shares in issue (excluding treasury shares) is 816,228,061.

This is a standard corporate action related to employee compensation and share-based incentives. While it represents a minor change in the outstanding share count, it is generally not considered a material event unless it involves a very large number of shares or signals a change in company policy regarding treasury stock.