Summary
CRH Public Limited Company (CRH) filed a Form 6-K on September 10, 2020, to report a transaction involving its own shares. Specifically, on September 9, 2020, the company re-issued treasury shares to participants in its employee share schemes. This transaction involved 4,683 ordinary shares at prices ranging from €21.12 to €27.86 and £15.54 to £24.51. Following this re-issuance, CRH's treasury stock balance decreased, and the total number of ordinary shares outstanding (excluding treasury shares) was reported as 784,989,419. This filing is a routine disclosure related to employee compensation and share-based incentive programs, providing transparency on changes in the company's share capital structure.
Key Highlights
- 1CRH plc re-issued treasury shares on September 9, 2020.
- 2The shares were transferred to participants in employee share schemes.
- 3A total of 4,683 ordinary shares were involved in the transaction.
- 4Share prices for the transaction ranged from €21.12 to €27.86 and £15.54 to £24.51.
- 5Following the transaction, CRH holds 14,650,919 shares in treasury.
- 6The number of ordinary shares in issue, excluding treasury shares, stands at 784,989,419.
Frequently Asked Questions
This Form 6-K filing was made to report a transaction where CRH plc re-issued its own shares held in treasury to employees participating in its share schemes.
A total of 4,683 ordinary shares were re-issued from treasury to employees.
The re-issuance of treasury shares slightly reduces the number of shares held in treasury and effectively increases the number of shares outstanding, though the filing specifies the new total number of shares in issue (excluding treasury shares) as 784,989,419.
Companies typically hold shares in treasury for various purposes, including satisfying obligations under employee stock option plans, stock purchase plans, or for future acquisitions. In this instance, the shares were re-issued to employee share scheme participants.