8-K

CRH PUBLIC LTD CO 8-K Report (Mar 31, 2017)

Filed March 31, 2017For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on March 29, 2017, to inform shareholders about its Scrip Dividend Offer. This offer provides shareholders with an alternative to receiving their final dividend payment in cash, allowing them to elect to receive new ordinary shares in CRH instead. The relevant documentation, including a Scrip Entitlement Form, has been distributed to shareholders and made available on the company's website and through regulatory filings. This announcement is important for CRH investors as it impacts how they can receive their dividend income. The scrip dividend option allows shareholders to increase their stake in the company without incurring immediate cash outflows for share purchases, potentially benefiting long-term investors seeking to compound their holdings. Investors should carefully review the terms and conditions of the scrip offer, including any potential tax implications and the relative value of receiving shares versus cash, to make an informed decision.

Key Highlights

  • 1CRH announced a Scrip Dividend Offer for its final dividend.
  • 2Shareholders have the option to receive new ordinary shares instead of a cash dividend.
  • 3The offer documents have been distributed to shareholders and are available online.
  • 4The company has submitted copies of the documents to the Irish Stock Exchange and the U.K. National Storage Mechanism.
  • 5Neil Colgan, Company Secretary, is the point of contact for enquiries.

Frequently Asked Questions

A Scrip Dividend Offer allows shareholders to choose between receiving their dividend payment in cash or in the form of additional shares in the company. By opting for shares, shareholders can increase their equity stake in the company.

The detailed documents, including the Scrip Entitlement Form, have been posted to shareholders and are available on CRH's official website (www.crh.com). Additionally, copies have been submitted to the Irish Stock Exchange and the U.K. National Storage Mechanism for public inspection.

The primary benefit of choosing the scrip dividend is the ability to increase your shareholding in CRH without needing to use your own cash to buy more shares. This can be advantageous for long-term investors who wish to reinvest their dividends to compound their investment over time. It may also offer tax advantages in certain jurisdictions, although this should be verified by individual investors.

To elect to receive shares, you will need to complete and submit the Scrip Entitlement Form that was distributed to shareholders. The specific instructions and deadlines for submitting this form would be detailed in the offer documents.