8-K

CRH PUBLIC LTD CO 8-K Report (Oct 29, 2015)

Filed October 29, 2015For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on October 29, 2015, reporting a transaction involving its own shares. Specifically, on October 28, 2015, CRH transferred 8,500 Ordinary Shares to participants in an employee share scheme at a price of €16.58 per share. This transaction is relevant for investors as it impacts the company's share count and treasury stock position. Following this transfer, CRH's total holdings of Ordinary Shares in Treasury were 1,299,586. The number of outstanding Ordinary Shares, excluding those held in treasury, was reported as 822,322,898. This information is important for calculating key per-share metrics and understanding the company's capital structure.

Key Highlights

  • 1CRH plc reported a transaction involving treasury shares on October 28, 2015.
  • 28,500 Ordinary Shares were transferred to an employee share scheme.
  • 3The transfer price per Ordinary Share was €16.58.
  • 4Following the transaction, CRH holds 1,299,586 Ordinary Shares in Treasury.
  • 5The total number of issued Ordinary Shares (excluding Treasury Shares) is 822,322,898.
  • 6This filing is a Form 6-K, indicating it's a report from a foreign private issuer.

Frequently Asked Questions

The shares were transferred to participants in an employee share scheme, which is a common practice for incentivizing and retaining employees.

The number of shares outstanding (excluding treasury shares) remains 822,322,898. The transaction involved reissuing shares from treasury, not issuing new shares or reducing the outstanding count.

Treasury shares are shares that a company has repurchased from the open market or has acquired in other ways. They are not included in the count of outstanding shares and do not carry voting rights or receive dividends. CRH's holding of 1,299,586 treasury shares represents shares it holds but are not currently in circulation.

This specific transaction is relatively small in the context of CRH's total shares outstanding and is primarily administrative related to employee compensation. It does not directly impact the company's revenue or profitability but is relevant for share count and per-share calculations.