8-K

CRH PUBLIC LTD CO 8-K Report (Nov 19, 2020)

Filed November 19, 2020For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on November 19, 2020, reporting on a transaction involving its own shares. On November 18, 2020, the company re-issued 6,860 treasury shares to participants in an employee share scheme. These shares were transferred at prices ranging from £16.16 to £24.51 per share. This filing provides transparency regarding CRH's treasury share activity and its impact on the total number of outstanding shares. Following this re-issuance, CRH now holds 14,614,014 Ordinary Shares in Treasury, with the total number of Ordinary Shares in issue, excluding treasury shares, standing at 785,026,324. This information is relevant for understanding CRH's share capital structure and potential dilutive effects.

Key Highlights

  • 1CRH plc re-issued 6,860 treasury shares on November 18, 2020.
  • 2The re-issuance was to participants in an employee share scheme.
  • 3Share prices for the re-issuance ranged from £16.16 to £24.51.
  • 4Following the transaction, CRH holds 14,614,014 Ordinary Shares in Treasury.
  • 5The total number of Ordinary Shares in issue (excluding Treasury Shares) is 785,026,324.

Frequently Asked Questions

This Form 6-K filing is to report a transaction involving CRH's own shares, specifically the re-issuance of treasury shares to employees. It aims to keep investors informed about changes in the company's share capital.

CRH re-issued treasury shares as part of its employee share scheme. This is a common practice for companies to provide equity incentives to their employees.

The re-issuance of 6,860 treasury shares reduces the number of shares held in treasury and consequently increases the number of outstanding shares by that amount. The total number of shares in issue, excluding treasury shares, is now 785,026,324.

This transaction is primarily an administrative event related to share capital management and employee compensation. While it affects the exact number of outstanding shares, it is not typically indicative of a significant change in CRH's core financial performance or operational strategy. Investors should monitor the overall financial reports for performance insights.