Summary
This 8-K filing from CRH Public Limited Company (CRH) reports on a transaction involving the re-issuance of treasury shares. On October 23, 2019, CRH transferred 5,684 ordinary shares from its treasury stock to participants in an employee share scheme. The prices for these shares ranged from £15.54 to £24.51 per share. This transaction had a minor impact on CRH's outstanding share count. Following the re-issuance, CRH now holds 51,234,540 ordinary shares in treasury. The total number of ordinary shares in issue, excluding treasury shares, stands at 792,155,798. Investors should note that this is a routine event related to employee compensation and share incentive programs, rather than a significant corporate event.
Key Highlights
- 1CRH plc re-issued 5,684 ordinary shares from treasury to an employee share scheme on October 23, 2019.
- 2The re-issuance prices ranged from £15.54 to £24.51 per ordinary share.
- 3Following the transaction, CRH holds 51,234,540 ordinary shares in treasury.
- 4The number of ordinary shares in issue (excluding treasury shares) is 792,155,798.
- 5This filing is a Form 6-K, indicating it's a report of a foreign private issuer.
- 6The transaction is related to CRH's employee share schemes.
Frequently Asked Questions
The primary purpose of this filing was to report on CRH plc's re-issuance of treasury shares to participants in an employee share scheme.
This transaction involves re-issuing shares that were already held in treasury. Therefore, it does not change the total number of CRH shares outstanding but rather reduces the number of treasury shares and increases the number of shares in circulation.
These shares are from CRH's existing treasury stock. They were not newly issued shares but rather shares that the company had previously repurchased and held.
These prices represent the value at which the treasury shares were transferred to employees under the share scheme. This often reflects the market price or a predetermined value set by the plan at the time of transfer.