8-K

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

Filed July 16, 2020For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K report detailing a transaction involving its own shares. On July 15, 2020, the company re-issued treasury shares to participants of its employee share schemes. This action involved the transfer of 5,466 Ordinary Shares at varying prices depending on the currency denomination. This transaction has a minor impact on the total number of shares outstanding but is significant in that it demonstrates CRH's ongoing commitment to its employee incentive programs. Investors should note the specific number of shares re-issued and the current holdings of treasury shares, which remain substantial. The filing provides transparency regarding the company's share capital management.

Key Highlights

  • 1CRH plc re-issued 5,466 Ordinary Shares from treasury on July 15, 2020.
  • 2These shares were transferred to participants of CRH's employee share schemes.
  • 3The re-issue occurred at prices of €16.19 per Ordinary Share and £24.51 per Ordinary Share.
  • 4Following this transaction, CRH plc holds 14,712,699 shares in treasury.
  • 5The total number of Ordinary Shares in issue, excluding treasury shares, is 784,927,639.
  • 6This filing is a Form 6-K, reporting an event by a foreign private issuer.

Frequently Asked Questions

The primary purpose of this filing is to report that CRH plc re-issued treasury shares to its employees participating in share schemes. This action affects the company's outstanding share count and treasury stock balance.

CRH re-issued 5,466 Ordinary Shares. The prices were €16.19 per share for those denominated in Euros and £24.51 per share for those denominated in Pounds Sterling.

This transaction reduces the number of shares held in treasury by 5,466. The total number of ordinary shares in issue (excluding treasury shares) remains 784,927,639. CRH's total treasury shareholding is now 14,712,699.

While the number of shares re-issued is relatively small compared to the total shares outstanding, it signifies the company's ongoing use of equity-based compensation. For investors, it confirms the mechanics of employee share schemes and provides updated figures on treasury stock.