8-K

CRH PUBLIC LTD CO 8-K Report (Aug 29, 2019)

Filed August 29, 2019For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on August 29, 2019, reporting a transaction involving its own shares. Specifically, the company re-issued treasury shares to participants in its employee share schemes on August 28, 2019. This action involved the transfer of 30,699 Ordinary Shares at varying prices denominated in both Euros and Pounds Sterling. This filing provides an update on CRH's treasury stock position. Following this re-issuance, CRH's holdings of Ordinary Shares in Treasury decreased to 46,335,333 shares. The total number of Ordinary Shares in issue, excluding these treasury shares, stands at 797,055,005. This information is relevant for investors to understand the company's share count and potential dilution.

Key Highlights

  • 1CRH plc re-issued treasury shares on August 28, 2019.
  • 2A total of 30,699 Ordinary Shares were transferred to participants of employee share schemes.
  • 3The share re-issuance involved transactions priced in both Euros (€16.19 - €20.825) and Pounds Sterling (£14.94 - £24.51).
  • 4Following the transaction, CRH holds 46,335,333 Ordinary Shares in Treasury.
  • 5The number of Ordinary Shares outstanding (excluding treasury shares) is 797,055,005.

Frequently Asked Questions

The primary purpose of this filing was to report on CRH plc's re-issuance of treasury shares to participants in its employee share schemes, providing an update on the company's share capital.

A total of 30,699 Ordinary Shares were re-issued to participants in CRH's employee share schemes.

The re-issuance of treasury shares does not change the total number of shares outstanding, as these shares were already issued and held by the company in treasury. The number of Ordinary Shares in issue (excluding Treasury Shares) remains 797,055,005.

Treasury shares are shares that a company has repurchased from the open market but has not yet retired. They can be re-issued for various purposes, such as employee stock options, acquisitions, or to offset dilution from other share-based compensation. The number of treasury shares held by CRH indicates the potential for future share issuances.