8-K

CRH PUBLIC LTD CO 8-K Report (Sep 9, 2021)

Filed September 9, 2021For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on September 9, 2021, to report on a transaction involving its own shares. Specifically, the company transferred 7,431 ordinary shares from treasury to participants in its employee share schemes on September 8, 2021. These shares were transferred at a price of €16.19 per ordinary share and at prices ranging between £16.16 and £20.83 per ordinary share. This transaction is routine for companies operating employee share incentive plans. Following this transfer, CRH now holds 16,732,612 ordinary shares in treasury. The total number of ordinary shares currently in issue, excluding treasury shares, stands at 778,407,726. This information is primarily for disclosure purposes and indicates the company's ongoing engagement with its employee incentive programs.

Key Highlights

  • 1CRH plc transferred 7,431 ordinary shares from treasury to employee share schemes on September 8, 2021.
  • 2The transfer prices ranged from €16.19 to between £16.16 and £20.83 per ordinary share.
  • 3This action is a standard part of managing employee share schemes.
  • 4Following the transaction, CRH holds 16,732,612 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue (excluding treasury shares) is 778,407,726.
  • 6The filing was made on September 9, 2021, under Form 6-K.

Frequently Asked Questions

The primary purpose of this filing was to report a transaction where CRH plc re-issued treasury shares to participants in its employee share schemes. This is a standard disclosure requirement.

This specific transaction involves moving shares from treasury stock to outstanding shares, so it does not change the total number of shares outstanding. The filing clarifies that after the transfer, CRH holds 16,732,612 shares in treasury and has 778,407,726 shares in issue (excluding treasury shares).

No, this is a routine administrative transaction related to employee compensation and share incentive plans. It does not represent a significant financial event or a change in the company's operational performance.

The shares were transferred at different prices likely due to the different currencies (Euro and Pound Sterling) and potentially different vesting schedules or award types within the employee share schemes.