Summary
CRH plc, a global diversified building materials business, has filed a Form 6-K reporting a transaction involving its own shares on August 14, 2019. The company re-issued 2,730 ordinary shares from its treasury to participants in an employee share scheme. These shares were transferred at prices ranging from £14.94 to £24.51 per share. This transaction is notable as it affects the company's treasury share balance and the number of ordinary shares outstanding. Following this re-issue, CRH plc now holds 46,368,450 ordinary shares in treasury, with 797,021,888 ordinary shares remaining in issue excluding treasury shares. This disclosure is part of CRH's ongoing reporting obligations regarding its share capital and employee incentive programs.
Key Highlights
- 1CRH plc re-issued 2,730 ordinary shares from treasury on August 14, 2019.
- 2The shares were transferred to participants in an employee share scheme.
- 3Transaction prices for the re-issued shares ranged from £14.94 to £24.51 per Ordinary Share.
- 4Following the re-issue, CRH now holds 46,368,450 Ordinary Shares in Treasury.
- 5The number of Ordinary Shares in issue, excluding treasury shares, is 797,021,888.
Frequently Asked Questions
The primary purpose of this Form 6-K filing is to report a transaction where CRH plc re-issued ordinary shares from its treasury to participants in an employee share scheme.
This transaction reduces the number of treasury shares by 2,730. The number of outstanding shares (excluding treasury) remains the same as the shares were re-issued from treasury, not newly issued.
Treasury shares are shares that a company has repurchased from the open market but has not yet retired or cancelled. They can be re-issued for various purposes, such as employee stock options or benefit plans, as seen in this filing.
The 2,730 ordinary shares were re-issued at prices between £14.94 and £24.51 per share.