8-K

CRH PUBLIC LTD CO 8-K Report (Dec 19, 2019)

Filed December 19, 2019For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed an 8-K/6-K report on December 19, 2019, to disclose a transaction involving its own shares. The company announced that on December 18, 2019, it re-issued 13,206 ordinary shares from its treasury to participants in an employee share scheme. These shares were transferred at a price of €16.19 per share. This transaction reduces the number of shares held in treasury and increases the number of shares outstanding. Investors should note the specific number of shares re-issued and the price at which they were transferred. The filing also updates the total number of shares held in treasury and the total number of ordinary shares currently in issue, which is a key metric for calculating metrics such as earnings per share.

Key Highlights

  • 1CRH plc re-issued 13,206 ordinary shares from treasury on December 18, 2019.
  • 2The re-issued shares were transferred to participants in an employee share scheme.
  • 3The transaction price for the re-issued shares was €16.19 per ordinary share.
  • 4Following the transaction, CRH plc holds 10,019,079 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue, excluding treasury shares, is now 789,621,259.

Frequently Asked Questions

The primary purpose of this transaction was to transfer shares from the company's treasury to employees participating in an employee share scheme.

This transaction increases the number of CRH ordinary shares outstanding because shares held in treasury are not considered outstanding. The number of shares in issue (excluding treasury shares) increased from the previous amount.

The price of €16.19 per share is the price at which the treasury shares were transferred to employees. While this price is set by the company for its employee share scheme, it can be a point of reference for investors looking at share valuations, though it does not necessarily reflect market trading prices at that exact moment.

After the re-issuance, CRH plc holds 10,019,079 shares in treasury, and the total number of ordinary shares in issue (excluding treasury shares) is 789,621,259.