8-K

CRH PUBLIC LTD CO 8-K Report (Nov 10, 2015)

Filed November 10, 2015For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K, reporting a transaction involving its own shares. On November 6, 2015, CRH re-issued 9,861 ordinary shares from its treasury stock to participants in its employee share schemes. These shares were transferred at varying prices in both Euros (€13.64 and €14.79) and Pounds Sterling (Stg£11.55 and Stg£13.13), reflecting the currency of the respective transactions. This re-issuance of shares from treasury is a common practice for companies to fulfill obligations under employee incentive programs. Following this transaction, CRH's treasury share balance has been reduced, with the company now holding 1,256,907 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding these treasury shares, stands at 822,365,577. This filing provides transparency on the company's share capital movements and its ongoing commitment to employee compensation through share-based awards.

Key Highlights

  • 1CRH Public Limited Company (CRH) filed a Form 6-K on November 9, 2015, reporting a transaction on November 6, 2015.
  • 2The company re-issued 9,861 ordinary shares from its treasury stock.
  • 3These shares were transferred to participants in CRH's employee share schemes.
  • 4The re-issuance involved shares priced in both Euros (€13.64 and €14.79) and Pounds Sterling (Stg£11.55 and Stg£13.13).
  • 5Following the transaction, CRH holds 1,256,907 ordinary shares in treasury.
  • 6The total number of ordinary shares in issue, excluding treasury shares, is 822,365,577.

Frequently Asked Questions

The primary purpose of this Form 6-K filing is to report the re-issuance of treasury shares by CRH Public Limited Company to its employees under its share schemes. It provides updated figures on the company's treasury stock and outstanding share count.

CRH re-issued treasury shares to fulfill its obligations under its employee share schemes. This is a common practice for companies to provide equity-based compensation or incentives to their employees.

The re-issuance of treasury shares decreases the number of shares held in treasury and, consequently, increases the number of shares outstanding (excluding treasury shares) by the amount re-issued. In this case, 9,861 shares were re-issued, reducing treasury holdings and increasing outstanding shares.

The different prices reflect the currency of the transaction (Euros or Pounds Sterling) and potentially the exercise or grant price associated with the specific employee share awards being settled.