Summary
CRH Public Limited Company (CRH) filed an 8-K report on April 8, 2021, detailing a transaction involving its own shares. Specifically, on April 7, 2021, CRH transferred 1,302 Ordinary Shares from its treasury to a participant in an employee share scheme at a price of €16.19 per share. This transaction is part of CRH's ongoing management of its share capital and employee incentive programs. Following this transfer, CRH's treasury stock now stands at 9,003,465 Ordinary Shares. The total number of outstanding shares, excluding these treasury shares, is 786,136,873. Investors should note that this is a relatively small transaction and does not represent a significant change in the company's overall share structure or financial position.
Key Highlights
- 1CRH plc announced a transaction involving its own shares on April 8, 2021.
- 2On April 7, 2021, the company transferred 1,302 Ordinary Shares from treasury.
- 3The shares were transferred to a participant in an employee share scheme.
- 4The price per Ordinary Share for this transaction was €16.19.
- 5Following the transaction, CRH holds 9,003,465 Ordinary Shares in treasury.
- 6The total number of outstanding Ordinary Shares (excluding treasury shares) is 786,136,873.
Frequently Asked Questions
This 8-K filing (submitted as a Form 6-K) was primarily to report a transaction where CRH plc re-issued treasury shares to an employee as part of an employee share scheme.
CRH transferred 1,302 Ordinary Shares at a price of €16.19 per share.
This transaction is a re-issuance from treasury, so it does not change the total number of issued shares. The number of outstanding shares (excluding treasury) remains 786,136,873. The number of shares held in treasury has decreased by 1,302 to 9,003,465.
This is a routine transaction related to employee share schemes and treasury stock management. The volume of shares transferred is very small relative to the total outstanding shares, so it is unlikely to have a significant impact on the company's valuation or strategic direction.