Summary
CRH plc filed a Form 6-K on September 24, 2015, reporting on transactions involving its own shares. The company re-issued treasury shares to participants in its employee share schemes. This action involved the transfer of 17,098 Ordinary Shares at varying prices, denominated in both Euros and British Pounds. Following these transactions, CRH plc's total holdings of ordinary shares in treasury were reduced to 1,310,695. The total number of ordinary shares outstanding, excluding these treasury shares, stands at 822,311,789. This filing provides an update on the company's share capital structure and its engagement with employee incentive programs.
Key Highlights
- 1CRH plc re-issued treasury shares to employees under its share schemes.
- 2A total of 17,098 Ordinary Shares were transferred.
- 3Share transfers occurred on September 23, 2015.
- 4The prices for the re-issued shares varied, ranging from €16.58 to €21.5235 per share and also £11.55 per share.
- 5CRH plc's treasury share balance has decreased to 1,310,695 shares.
- 6The total number of ordinary shares in issue (excluding treasury shares) is 822,311,789.
Frequently Asked Questions
This Form 6-K filing reports on CRH plc's re-issuance of treasury shares to participants in its employee share schemes and provides an updated figure for the company's outstanding shares and treasury holdings.
CRH plc transferred 17,098 Ordinary Shares from its treasury to employees.
This transaction primarily affects the company's share capital structure and its employee incentive programs. The number of outstanding shares remains largely the same, with a slight reduction in treasury shares. For investors, it indicates the company's continued use of share-based compensation. The prices at which shares were re-issued may offer some insight into the perceived value of the shares at that time.
After the re-issuance of treasury shares, CRH plc has 822,311,789 Ordinary Shares in issue, excluding treasury shares.