8-K

CRH PUBLIC LTD CO 8-K Report (Jul 22, 2021)

Filed July 22, 2021For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on July 22, 2021, to report a transaction involving its own shares. Specifically, on July 21, 2021, CRH transferred 7,274 Ordinary Shares from treasury to participants in its employee share scheme. These shares were transferred at prices ranging from £16.16 to £24.51 per share. This transaction represents a standard share-based compensation activity. The filing provides updated figures on CRH's treasury shares and outstanding shares. Following the transfer, CRH now holds 14,265,616 Ordinary Shares in treasury, and the total number of Ordinary Shares in issue, excluding treasury shares, stands at 780,874,722. Investors should note that this event does not represent a significant change in the company's financial position or strategic direction, but rather ongoing share-based compensation practices.

Key Highlights

  • 1CRH plc engaged in a transaction involving its own shares on July 21, 2021.
  • 27,274 Ordinary Shares were transferred from CRH's treasury stock.
  • 3The shares were allocated to participants in the company's employee share scheme.
  • 4The transfer prices per share ranged from £16.16 to £24.51.
  • 5Following the transaction, CRH holds 14,265,616 Ordinary Shares in treasury.
  • 6The number of outstanding Ordinary Shares (excluding treasury shares) is now 780,874,722.

Frequently Asked Questions

The primary purpose of the transaction was to re-issue treasury shares to participants in CRH's employee share scheme, which is a common form of employee compensation and incentive.

No, this transaction involved the transfer of existing shares from CRH's treasury stock. No new shares were issued to the public or for capital raising purposes.

The total number of outstanding shares (excluding treasury shares) slightly decreased as shares were moved from treasury to employees. The adjusted number of outstanding shares is 780,874,722.

This type of transaction is typically part of CRH's ongoing compensation strategy. It does not directly impact the company's financial performance in terms of revenue or profitability, but it does affect the share count and can influence earnings per share calculations.