8-K

CRH PUBLIC LTD CO 8-K Report (Feb 7, 2019)

Filed February 7, 2019For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on February 7, 2019, reporting a transaction involving its own shares. The company announced the re-issue of treasury shares, transferring 4,781 Ordinary Shares to participants in its employee share schemes. These shares were transferred at varying prices across Euros and Pounds Sterling on February 6, 2019. This action results in a decrease in CRH's treasury shares. Following this transaction, CRH plc now holds 30,556,488 Ordinary Shares in Treasury. The total number of Ordinary Shares currently in issue, excluding these treasury shares, stands at 812,833,850. This filing is primarily administrative, informing stakeholders about the movement of shares related to employee compensation programs.

Key Highlights

  • 1CRH plc re-issued 4,781 Ordinary Shares from its treasury stock.
  • 2The shares were transferred to participants of CRH's employee share schemes.
  • 3Transactions occurred on February 6, 2019.
  • 4Share prices varied, including €14.15, €21.12, and £16.16 per Ordinary Share.
  • 5Following the re-issue, CRH now holds 30,556,488 Ordinary Shares in Treasury.
  • 6The total number of Ordinary Shares in issue (excluding treasury shares) is 812,833,850.

Frequently Asked Questions

This Form 6-K filing is to report a transaction involving CRH's own shares, specifically the re-issue of treasury shares to employees participating in share schemes. It's a standard disclosure for such corporate actions.

The transaction involves re-issuing shares held in treasury. While the total number of issued shares (including treasury) may remain the same, the number of shares considered 'in issue' for trading purposes (excluding treasury shares) remains at 812,833,850. The number of shares held in treasury decreases by 4,781.

CRH is a multinational company with operations and employees in various regions, including the Eurozone and the UK. The use of different currencies reflects the pricing relevant to the specific share schemes or geographical locations of the employees receiving the shares.

No, this transaction is a routine administrative event related to employee compensation. It involves the re-issuance of shares from existing treasury stock and does not signal any major shift in CRH's financial position or strategic direction. The impact on the company's overall share count and treasury holdings is relatively small in the context of the total shares outstanding.