Summary
CRH Public Limited Company (CRH) has filed a Form 6-K, reporting a transaction involving its own shares. On May 13, 2015, the company re-issued 13,130 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at varying prices denominated in both Euros and Pounds Sterling. This transaction has resulted in CRH plc holding 2,322,363 ordinary shares in treasury, with the total number of ordinary shares in issue (excluding treasury shares) now standing at 821,300,121. This filing is primarily an informational update for investors regarding the company's share capital and its engagement with employee incentive programs.
Key Highlights
- 1CRH plc re-issued 13,130 ordinary shares from treasury on May 13, 2015.
- 2The re-issued shares were transferred to participants in employee share schemes.
- 3Share prices for the transaction varied, with transactions conducted in both EUR (€16.58 - €21.5235) and GBP (£11.19 - £14.94).
- 4Following this transaction, CRH plc holds 2,322,363 ordinary shares in treasury.
- 5The total number of ordinary shares in issue, excluding treasury shares, is now 821,300,121.
Frequently Asked Questions
This filing (Form 6-K) is to report a transaction involving the re-issue of treasury shares by CRH plc to its employees under share schemes. It provides an update on the company's share capital.
CRH plc re-issued 13,130 ordinary shares to participants in its employee share schemes.
After this transaction, CRH plc holds 2,322,363 ordinary shares in treasury. The total number of ordinary shares in issue, excluding treasury shares, is now 821,300,121.
Re-issuing shares to employees is a common practice for companies to incentivize and reward staff through share ownership, aligning their interests with those of shareholders.