8-K

CRH PUBLIC LTD CO 8-K Report (Sep 17, 2015)

Filed September 17, 2015For Securities:CRH

Summary

CRH plc, a global diversified building materials group, filed a Form 6-K report on September 17, 2015, to disclose a transaction involving its own shares. The company announced that on September 16, 2015, it re-issued 32,432 ordinary shares from its treasury to participants in its employee share schemes. These shares were transferred at prices ranging from €13.64 to €21.5235 and £14.94 per share, reflecting different currencies and potentially varying vesting or grant conditions. Following this re-issuance, CRH plc's treasury share balance has been reduced to 1,327,793 ordinary shares. The total number of ordinary shares outstanding, excluding these treasury shares, stands at 822,294,691. This transaction is routine for companies with employee stock plans and aims to fulfill share obligations under such schemes, impacting the company's share count and potentially diluting existing shareholder equity slightly.

Key Highlights

  • 1CRH plc re-issued 32,432 ordinary shares from treasury on September 16, 2015.
  • 2The shares were transferred to participants in CRH's employee share schemes.
  • 3Transaction prices for the re-issued shares varied, ranging from €13.64 to €21.5235 and £14.94 per share.
  • 4Following the re-issuance, CRH plc holds 1,327,793 ordinary shares in treasury.
  • 5The total number of issued ordinary shares, excluding treasury shares, is 822,294,691.
  • 6This filing is made under Form 6-K, which is used by foreign private issuers to report material information.
  • 7The event date for the transaction was September 16, 2015.

Frequently Asked Questions

The primary purpose of this filing (Form 6-K) was to report CRH plc's re-issuance of treasury shares to employees participating in its share schemes. This is a standard disclosure requirement for such transactions.

CRH re-issued 32,432 ordinary shares. These shares were transferred to participants in CRH's employee share schemes.

The re-issuance of 32,432 shares reduces the number of treasury shares. The total number of ordinary shares in issue, excluding treasury shares, remains 822,294,691. The number of treasury shares held by CRH is now 1,327,793.

The varying prices likely reflect the different exercise prices or grant valuations for the shares issued under various employee share schemes and potentially different currency conversions. For investors, the key takeaway is that the shares were issued from treasury, fulfilling employee compensation obligations, rather than being newly issued by the company.