8-K

CRH PUBLIC LTD CO 8-K Report (Aug 17, 2018)

Filed August 17, 2018For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on August 17, 2018, reporting a transaction involving its own shares. On August 15, 2018, CRH transferred 21,592 Ordinary Shares from its treasury to participants in its employee share schemes. These shares were transferred at prices ranging from €14.15 to €21.12 and £12.22 to £16.16 per share, reflecting market prices at the time of the transactions. Following this re-issuance of treasury shares, CRH's total number of ordinary shares held in treasury is now 11,222,322. The total number of ordinary shares outstanding, excluding treasury shares, stands at 832,168,016. This filing is routine and provides transparency on CRH's share capital management and its engagement with employee incentive programs.

Key Highlights

  • 1CRH plc re-issued 21,592 Ordinary Shares from treasury on August 15, 2018.
  • 2The shares were transferred to participants in employee share schemes.
  • 3Transaction prices for the re-issued shares varied, ranging from €14.15 to €21.12 and £12.22 to £16.16 per share.
  • 4Post-transaction, CRH holds 11,222,322 Ordinary Shares in treasury.
  • 5The total number of outstanding Ordinary Shares (excluding treasury shares) is 832,168,016.

Frequently Asked Questions

This Form 6-K filing reports a transaction in CRH's own shares, specifically the re-issuance of treasury shares to employees participating in share schemes. This is a standard disclosure to inform investors about changes in the company's share capital.

CRH re-issued treasury shares as part of its employee share schemes. This is a common practice for companies to incentivize and reward employees, aligning their interests with those of shareholders.

The re-issuance of treasury shares reduces the number of shares held in treasury but does not change the total number of shares outstanding (which includes treasury shares). The filing specifies that the number of Ordinary Shares in issue (excluding Treasury Shares) is 832,168,016 after the transaction. The total number of shares outstanding, including treasury shares, would be this figure plus the 11,222,322 treasury shares.

Treasury shares are a company's own shares that it has repurchased or bought back from the open market. These shares are held by the company and are not considered outstanding or eligible for voting or dividends until they are re-issued or retired.