8-K

CRH PUBLIC LTD CO 8-K Report (Apr 11, 2019)

Filed April 11, 2019For Securities:CRH

Summary

CRH plc filed a Form 6-K on April 11, 2019, to report on a transaction involving its own shares. The company announced the re-issuance of treasury shares to participants in its employee share schemes on April 10, 2019. This transaction involved the transfer of 38,910 Ordinary Shares at prices ranging from €16.19 to €17.30 per share. This filing provides transparency regarding the company's share capital management and its use of treasury shares for employee incentives. Investors can note the specific number of shares re-issued and the price range, which offers insight into the company's stock valuation at the time of the transaction. Following this re-issuance, CRH plc's treasury share balance stands at 34,751,498 Ordinary Shares, with the total number of issued shares (excluding treasury) at 808,638,840.

Key Highlights

  • 1CRH plc re-issued treasury shares on April 10, 2019.
  • 2The shares were transferred to participants in employee share schemes.
  • 3A total of 38,910 Ordinary Shares were re-issued.
  • 4The transaction prices ranged from €16.19 to €17.30 per Ordinary Share.
  • 5Following the transaction, CRH plc holds 34,751,498 Ordinary Shares in Treasury.
  • 6The number of Ordinary Shares currently in issue (excluding Treasury Shares) is 808,638,840.

Frequently Asked Questions

The re-issuance of treasury shares was for participants in CRH plc's employee share schemes. This is a common practice for companies to incentivize and reward their employees.

This specific transaction reduced the number of shares held in treasury and, consequently, increased the number of shares outstanding by 38,910. The total number of shares in issue, excluding treasury shares, is now 808,638,840.

Treasury shares are shares that a company has repurchased from the open market but has not yet canceled. These shares can be re-issued later, often for employee stock options, acquisitions, or other corporate purposes, without issuing new shares.

This is a routine transaction related to employee share schemes and the management of the company's share capital. It does not, by itself, suggest a significant shift in CRH's overall financial strategy. It's more about ongoing operational and HR-related share management.