8-K

CRH PUBLIC LTD CO 8-K Report (Jan 7, 2021)

Filed January 7, 2021For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on January 7, 2021, to report a transaction involving its own shares. Specifically, the company re-issued treasury shares to participants in its employee share schemes. This action involved the transfer of 4,179 Ordinary Shares on January 6, 2021, with prices ranging from €20.825 to €27.86 and £20.11 to £20.83 per share, depending on the currency of the transaction. Following this re-issuance, CRH's treasury share balance now stands at 10,082,982 Ordinary Shares. The total number of ordinary shares outstanding, excluding these treasury shares, is 785,057,356. This disclosure is primarily an administrative update for transparency regarding the company's share capital and its use in employee incentive programs.

Key Highlights

  • 1CRH plc re-issued treasury shares to participants of its employee share schemes on January 6, 2021.
  • 2A total of 4,179 Ordinary Shares were transferred as part of this transaction.
  • 3The share re-issuance prices varied, ranging from approximately €20.825 to €27.86 and £20.11 to £20.83 per Ordinary Share.
  • 4Following the transaction, CRH's treasury share holdings decreased.
  • 5CRH now holds 10,082,982 Ordinary Shares in treasury.
  • 6The total number of outstanding Ordinary Shares (excluding treasury shares) is 785,057,356.

Frequently Asked Questions

The primary purpose of this Form 6-K filing was to inform investors about a transaction where CRH plc re-issued its own shares (treasury shares) to employees participating in its share schemes.

A total of 4,179 Ordinary Shares were transferred from treasury to employees under the company's share schemes.

The re-issuance of treasury shares does not change the total number of issued shares, but it decreases the number of shares held in treasury and slightly increases the number of shares available to the public (outstanding shares excluding treasury). CRH now holds 10,082,982 treasury shares, and the number of shares in issue (excluding treasury) is 785,057,356.

No, these are not newly issued shares. The shares were previously held by the company in its treasury, meaning they were once issued and outstanding but later repurchased by the company. This transaction involves re-distributing those existing shares.