Summary
CRH Public Limited Company (CRH) filed a Form 6-K on April 18, 2019, to report a transaction involving its own shares. The company announced the re-issuance of treasury shares to participants in its employee share schemes on April 17, 2019. This action involved the transfer of 3,754 Ordinary Shares at varying prices in Euros and Pounds Sterling.
Key Highlights
- 1CRH plc re-issued 3,754 of its own Ordinary Shares from treasury.
- 2The shares were transferred to participants in the company's employee share schemes.
- 3Transactions occurred on April 17, 2019.
- 4Share prices varied, including €16.19, €20.825, and £16.16 per Ordinary Share.
- 5Following these transactions, CRH plc holds 34,738,500 Ordinary Shares in Treasury.
- 6The total number of Ordinary Shares in issue, excluding treasury shares, is 808,651,838.
Frequently Asked Questions
The primary purpose of this Form 6-K filing was to inform investors and the market about CRH plc's re-issuance of treasury shares to employees participating in its share schemes.
A total of 3,754 Ordinary Shares were re-issued from CRH's treasury stock.
After the re-issuance, CRH plc holds 34,738,500 Ordinary Shares in Treasury.
While the number of shares in treasury changed, the number of Ordinary Shares in issue (excluding Treasury Shares), which is what typically impacts market capitalization and per-share metrics, is now 808,651,838. The re-issuance from treasury effectively reduces the treasury stock balance without impacting the outstanding shares used for public market calculations unless those treasury shares were previously unissued.