Summary
CRH Public Limited Company (CRH) filed a Form 6-K on February 18, 2021, reporting a transaction involving its own shares. Specifically, on February 17, 2021, the company transferred 1,024 ordinary shares from its treasury to participants in an employee share scheme. These shares were transferred at prices ranging from £16.16 to £24.51 per share. This transaction results in a slight reduction in CRH's treasury shares. Following this transfer, CRH holds 10,073,153 ordinary shares in treasury. The total number of ordinary shares outstanding, excluding treasury shares, is now 785,067,185. This filing provides transparency regarding share movements related to employee compensation plans.
Key Highlights
- 1CRH plc transferred 1,024 ordinary shares on February 17, 2021.
- 2The shares were transferred as part of an employee share scheme.
- 3Transaction prices ranged from £16.16 to £24.51 per ordinary share.
- 4Following the transaction, CRH holds 10,073,153 ordinary shares in treasury.
- 5The total number of ordinary shares in issue (excluding treasury shares) is 785,067,185.
Frequently Asked Questions
The primary purpose of this filing (Form 6-K) was to report a transaction where CRH plc re-issued treasury shares to participants in an employee share scheme.
A total of 1,024 ordinary shares were transferred.
The transaction slightly reduced the number of shares held in treasury. CRH now holds 10,073,153 treasury shares, and the number of outstanding ordinary shares (excluding treasury) is 785,067,185.
No, this transaction involved the re-issuance of treasury shares. Treasury shares are shares that the company has repurchased and are not considered outstanding. Therefore, this re-issuance does not change the total number of outstanding shares in the market, but rather reallocates shares from treasury to be part of the issued share capital.