8-K

CRH PUBLIC LTD CO 8-K Report (Jan 16, 2020)

Filed January 16, 2020For Securities:CRH

Summary

CRH plc, a global diversified building materials group, filed a Form 6-K with the SEC on January 16, 2020, reporting on a transaction involving its own shares. Specifically, the company announced the re-issuance of treasury shares to participants in its employee share schemes on January 15, 2020. This transaction involved the transfer of 4,854 ordinary shares at varying prices, denominated in both Euros and Pounds Sterling. The primary implication for investors is the minor adjustment in the number of outstanding shares and treasury shares. Following this event, CRH plc's treasury share balance stands at 10,747,066 shares, with the total number of ordinary shares in issue (excluding treasury shares) reported as 788,893,272. This filing provides transparency on the company's share capital management and its commitment to employee incentive programs.

Key Highlights

  • 1CRH plc re-issued treasury shares on January 15, 2020.
  • 2The shares were transferred to participants in employee share schemes.
  • 3A total of 4,854 ordinary shares were re-issued.
  • 4The transaction involved shares at prices of €17.67, €20.825, and £14.94.
  • 5CRH plc's treasury share balance decreased to 10,747,066 shares.
  • 6The number of ordinary shares in issue (excluding treasury shares) is 788,893,272.

Frequently Asked Questions

The primary purpose of this filing (Form 6-K) was to report CRH plc's re-issuance of treasury shares to participants in its employee share schemes.

A total of 4,854 ordinary shares were re-issued at prices of €17.67 and €20.825 per share (in Euros) and £14.94 per share (in Pounds Sterling).

The transaction reduced CRH's treasury shares by 4,854. Following the re-issuance, CRH holds 10,747,066 treasury shares, and the number of ordinary shares in issue, excluding treasury shares, is 788,893,272.

This transaction represents the re-issuance of shares that CRH had previously repurchased and held in treasury. It is not a new share issuance from authorized capital nor a new share buyback.