8-K

CRH PUBLIC LTD CO 8-K Report (Nov 20, 2018)

Filed November 20, 2018For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on November 15, 2018, reporting a transaction in its own shares. The company announced the re-issue of treasury shares, transferring 1,860 Ordinary Shares at a price of €16.19 per share to a participant in its employee share scheme on November 14, 2018. This transaction is a standard practice for employee incentive programs and has a minor impact on the company's overall share structure. Following this re-issuance, CRH plc's treasury share balance adjusted to 23,590,816 Ordinary Shares. The total number of ordinary shares in issue, excluding these treasury shares, stands at 819,799,522. Investors should note that this filing is a routine disclosure related to share-based compensation and does not represent a significant change in the company's financial position or strategic direction.

Key Highlights

  • 1CRH plc re-issued 1,860 Ordinary Shares from its treasury stock.
  • 2The re-issuance occurred on November 14, 2018, at a price of €16.19 per share.
  • 3The shares were transferred to a participant in an employee share scheme.
  • 4This transaction is part of CRH's ongoing employee incentive programs.
  • 5Following the transaction, CRH holds 23,590,816 Ordinary Shares in Treasury.
  • 6The total number of Ordinary Shares in issue (excluding treasury shares) is 819,799,522.

Frequently Asked Questions

The primary purpose of this filing (Form 6-K) was to report a transaction involving CRH's own shares, specifically the re-issuance of treasury shares for its employee share scheme.

CRH re-issued 1,860 Ordinary Shares at a price of €16.19 per Ordinary Share.

This transaction slightly reduced the number of shares held in treasury. The total number of ordinary shares in issue (excluding treasury shares) remained largely consistent at 819,799,522, indicating a negligible impact on shares outstanding from an investor's perspective.

No, this transaction is a routine event related to employee compensation plans. The re-issuance of treasury shares for employee schemes is a common practice and typically does not indicate any adverse financial developments for the company.