8-K

CRH PUBLIC LTD CO 8-K Report (Jun 11, 2015)

Filed June 11, 2015For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K report detailing the re-issuance of treasury shares on June 10, 2015. The company transferred 75,669 ordinary shares to participants in its employee share schemes. These shares were sold at prices ranging from €16.58 to €21.5235 and £11.55 to £17.1864, reflecting a mix of Euro and Sterling denominations. This transaction impacts the company's treasury stock position and the total number of shares outstanding. Following the re-issuance, CRH now holds 1,919,929 ordinary shares in treasury, with the number of shares in issue, excluding treasury shares, standing at 821,702,555. For investors, this signifies a minor dilution effect from the use of treasury shares for employee compensation and a slight adjustment in the overall share count.

Key Highlights

  • 1CRH Public Limited Company (CRH) reported the re-issuance of 75,669 treasury shares on June 10, 2015.
  • 2The shares were transferred to participants in CRH's employee share schemes.
  • 3Transaction prices for the ordinary shares varied, with Euro prices ranging from €16.58 to €21.5235.
  • 4Sterling prices for the ordinary shares ranged from £11.55 to £17.1864.
  • 5Following these transfers, CRH's treasury share balance decreased to 1,919,929 Ordinary Shares.
  • 6The total number of CRH Ordinary Shares in issue (excluding treasury shares) is now 821,702,555.

Frequently Asked Questions

This filing (Form 6-K) reports on CRH's transaction of re-issuing treasury shares to employees under its share schemes.

CRH re-issued 75,669 Ordinary Shares to participants in its employee share schemes.

The re-issuance reduces the number of shares held in treasury to 1,919,929. The number of shares in issue, excluding treasury shares, is now 821,702,555. This represents a slight dilution from the previous share count.

As CRH is an Irish-domiciled company with international operations, its shares can be traded or valued in different currencies, particularly given its presence in the UK and other European markets. Employee share schemes may also be administered in ways that result in pricing in local currencies.