Summary
CRH Public Limited Company (CRH) filed a Form 6-K on December 10, 2015, reporting on a transaction involving its own shares. The company announced that on December 9, 2015, it transferred 62,805 Ordinary Shares from its treasury to participants in employee share schemes. These shares were transferred at prices ranging from €13.64 to €26.1493 per share. Following this transaction, CRH's treasury stock now stands at 842,816 Ordinary Shares. The total number of ordinary shares outstanding, excluding those held in treasury, is reported as 823,068,437. This filing provides transparency regarding CRH's share capital management and its use of treasury shares for employee incentives.
Key Highlights
- 1CRH Public Limited Company (CRH) reported a share transaction on December 10, 2015.
- 2On December 9, 2015, CRH transferred 62,805 Ordinary Shares from treasury.
- 3The shares were issued to participants in employee share schemes.
- 4The transfer prices for these shares ranged from €13.64 to €26.1493 per Ordinary Share.
- 5CRH's treasury share balance has been updated to 842,816 Ordinary Shares.
- 6The total number of Ordinary Shares in issue, excluding treasury shares, is 823,068,437.
Frequently Asked Questions
The primary purpose of this transaction was to fulfill obligations under CRH's employee share schemes by transferring shares to participants.
This transaction does not change the total number of issued shares but rather reallocates shares from treasury stock to circulation among employees. The total number of ordinary shares in issue (excluding treasury shares) remains 823,068,437.
Treasury shares are shares that a company has repurchased from the open market but has not yet retired or cancelled. Companies often hold treasury shares to use for employee stock options, employee stock purchase plans, acquisitions, or to potentially reissue them later. This filing indicates CRH uses its treasury shares for employee benefit programs.
After the transfer, CRH plc holds 842,816 Ordinary Shares in Treasury. The number of Ordinary Shares in issue (excluding Treasury Shares) is 823,068,437.