8-K

CRH PUBLIC LTD CO 8-K Report (Dec 16, 2019)

Filed December 16, 2019For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on December 12, 2019, reporting a transaction involving its own shares. The company transferred 3,813 Ordinary Shares from its treasury to participants in an employee share scheme on December 11, 2019, at a price of €16.19 per share. This transaction is part of CRH's ongoing management of its share capital and employee incentive programs. Following this transfer, CRH's treasury share balance has been updated. The company now holds 53,782,285 shares in treasury, while the total number of ordinary shares outstanding (excluding treasury shares) stands at 789,608,053. This disclosure provides transparency to investors regarding the company's share structure and capital movements.

Key Highlights

  • 1CRH plc re-issued treasury shares on December 11, 2019.
  • 23,813 Ordinary Shares were transferred to participants in an employee share scheme.
  • 3The transaction price was €16.19 per Ordinary Share.
  • 4Following the re-issue, CRH holds 53,782,285 shares in treasury.
  • 5The number of ordinary shares in issue, excluding treasury shares, is 789,608,053.
  • 6The filing is a Form 6-K, reporting a transaction in own shares.

Frequently Asked Questions

The purpose of this transaction was to transfer treasury shares to participants in an employee share scheme, likely as part of their compensation or incentive awards.

This transaction reduces the number of treasury shares but does not directly affect the number of ordinary shares in issue (excluding treasury shares), which remains 789,608,053. The treasury shares are not considered outstanding for voting or dividend purposes.

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, mergers and acquisitions, or to reduce the number of outstanding shares. They do not carry voting rights and do not receive dividends.

CRH plc is a foreign private issuer and is using Form 6-K to report this material event, which includes information that is made public in its home country (Ireland) or is required to be filed under Irish law.