Summary
CRH Public Limited Company (CRH) filed an 8-K report on March 21, 2019, detailing a transaction involving its own shares. The company announced the re-issuance of treasury shares on March 20, 2019. This involved transferring 47,960 Ordinary Shares to participants in its employee share schemes at various price points in Euros and Pounds Sterling. This transaction resulted in a change to CRH's treasury stock and outstanding share count. Following the re-issuance, CRH now holds 33,424,634 Ordinary Shares in Treasury, and the total number of Ordinary Shares in issue, excluding treasury shares, stands at 809,965,704. This information is important for investors tracking share dilution and the company's capital structure.
Key Highlights
- 1CRH plc re-issued treasury shares on March 20, 2019.
- 2A total of 47,960 Ordinary Shares were transferred to employee share scheme participants.
- 3The re-issuance occurred at varying prices: €16.58, €17.30 per Ordinary Share (EUR), and £15.30 per Ordinary Share (GBP).
- 4Following this transaction, CRH's treasury stock now comprises 33,424,634 Ordinary Shares.
- 5The total number of outstanding Ordinary Shares (excluding treasury shares) is now 809,965,704.
Frequently Asked Questions
The primary purpose of this 8-K filing was to report a transaction involving CRH's own shares, specifically the re-issuance of treasury shares to participants in its employee share schemes.
CRH re-issued 47,960 Ordinary Shares to participants in its employee share schemes.
This transaction reduced the number of shares held in treasury by 47,960. CRH now holds 33,424,634 treasury shares, and the number of outstanding shares (excluding treasury) is 809,965,704.
The shares were re-issued at prices of €16.58 and €17.30 per Ordinary Share in Euros, and at a price of £15.30 per Ordinary Share in Pounds Sterling.