Summary
CRH Public Limited Company (CRH) filed a Form 6-K report on August 24, 2018, detailing a transaction involving its own shares. The company announced the re-issue of treasury shares to participants in its employee share schemes on August 23, 2018. This action involved the transfer of 6,278 Ordinary Shares at varying prices denominated in both Euros and Pounds Sterling. Following this re-issuance, CRH's total treasury shares now stand at 11,216,044. The number of outstanding ordinary shares, excluding those held in treasury, is reported as 832,174,294. This filing is primarily for informational purposes, updating the market on the company's share capital structure as it relates to employee incentives.
Key Highlights
- 1CRH plc re-issued treasury shares to participants in its employee share schemes on August 23, 2018.
- 2A total of 6,278 Ordinary Shares were transferred as part of this transaction.
- 3The re-issuance occurred at prices ranging from €14.15 to €21.12 and £12.22 to £24.51 per share.
- 4Following the transaction, CRH holds 11,216,044 Ordinary Shares in Treasury.
- 5The total number of Ordinary Shares in issue, excluding treasury shares, is 832,174,294.
- 6This filing is a Form 6-K, a report of foreign private issuers.
Frequently Asked Questions
The primary purpose of this filing was to report the re-issuance of treasury shares by CRH plc to participants in its employee share schemes. This is a routine disclosure to update the market on changes to the company's share capital.
CRH re-issued 6,278 Ordinary Shares. The prices varied, ranging from €14.15 to €21.12 per Ordinary Share when denominated in Euros, and from £12.22 to £24.51 per Ordinary Share when denominated in Pounds Sterling.
After the re-issuance, CRH plc holds 11,216,044 Ordinary Shares in Treasury. The total number of Ordinary Shares in issue, excluding treasury shares, is 832,174,294.
This transaction involves a relatively small number of shares (6,278 out of over 832 million outstanding shares) and is related to employee compensation. Therefore, it is unlikely to have a significant immediate impact on CRH's overall share structure or market value. It is more of an administrative update regarding share movements for employee benefit schemes.