Summary
CRH plc filed a Form 6-K on August 21, 2020, reporting a transaction in its own shares. Specifically, on August 20, 2020, the company transferred 11,957 Ordinary Shares to participants in an employee share scheme. These shares were transferred at a price of £24.51 per share. This transaction involved the re-issue of treasury shares, which are shares previously repurchased by the company and held in its treasury. The filing provides updated figures on CRH's share capital: following this transaction, CRH plc holds 14,696,199 shares in Treasury, and the total number of Ordinary Shares in issue, excluding treasury shares, is 784,944,139. This information is relevant for investors tracking share dilution and the company's capital structure.
Key Highlights
- 1CRH plc conducted a transaction involving its own shares on August 20, 2020.
- 211,957 Ordinary Shares were transferred to participants in an employee share scheme.
- 3The transfer price for these shares was £24.51 per Ordinary Share.
- 4This transaction involved the re-issue of treasury shares.
- 5Following the transaction, CRH holds 14,696,199 shares in Treasury.
- 6The total number of Ordinary Shares in issue, excluding treasury shares, is 784,944,139.
Frequently Asked Questions
CRH plc reported a transaction involving the re-issue of treasury shares. Specifically, they transferred shares to participants in an employee share scheme.
Re-issuing treasury shares can impact the total number of shares outstanding and potentially dilute existing shareholders' ownership if not managed appropriately. It often relates to employee compensation or benefit plans.
A total of 11,957 Ordinary Shares were transferred at a price of £24.51 per share.
After this transaction, CRH plc holds 14,696,199 shares in Treasury, and the number of Ordinary Shares in issue, excluding treasury shares, stands at 784,944,139.