Summary
CRH Public Limited Company (CRH) has filed a Form 6-K detailing a transaction involving its own shares. On June 24, 2020, the company re-issued treasury shares to participants in its employee share schemes. This action involved the transfer of 5,405 Ordinary Shares at various price points in Euros and Pounds Sterling.
Key Highlights
- 1CRH plc re-issued treasury shares on June 24, 2020.
- 2The transaction involved 5,405 Ordinary Shares.
- 3Shares were transferred to participants in employee share schemes.
- 4The re-issue prices were €20.825 per Ordinary Share, and also £15.54 and £24.51 per Ordinary Share.
- 5Following this transaction, CRH plc holds 14,727,823 shares in Treasury.
- 6The total number of Ordinary Shares in issue, excluding treasury shares, is 784,912,515.
Frequently Asked Questions
This Form 6-K filing was made by CRH plc to report a transaction involving the re-issue of its own treasury shares to employees participating in its share schemes.
A total of 5,405 Ordinary Shares were re-issued from CRH's treasury stock.
The re-issue of treasury shares does not increase the total number of shares outstanding, as these shares were already issued and held by the company. The filing clarifies that CRH holds 14,727,823 shares in Treasury and has 784,912,515 Ordinary Shares in issue, excluding treasury shares.
The shares were sold at different price points in Euros and Pounds Sterling, likely reflecting the currency and specific terms of the various employee share schemes these shares were allocated to.