8-K

CRH PUBLIC LTD CO 8-K Report (Dec 2, 2021)

Filed December 2, 2021For Securities:CRH

Summary

CRH Public Limited Company (CRH) has filed a Form 6-K disclosing a transaction involving its own shares. On December 1, 2021, the company re-issued 2,418 ordinary shares from its treasury to a participant in an employee share scheme. These shares were transferred at a price of €16.19 per share. This transaction has resulted in CRH plc holding 23,140,806 ordinary shares in treasury. The total number of ordinary shares currently in issue, excluding these treasury shares, stands at 771,999,532. This disclosure is primarily for transparency regarding share movements and their impact on the total outstanding shares.

Key Highlights

  • 1CRH plc re-issued 2,418 ordinary shares from its treasury on December 1, 2021.
  • 2The re-issued shares were transferred to a participant in an employee share scheme.
  • 3The transaction price for these shares was €16.19 per ordinary share.
  • 4Following the transaction, CRH plc now holds 23,140,806 ordinary shares in treasury.
  • 5The total number of ordinary shares in issue (excluding treasury shares) is 771,999,532.
  • 6This filing is a Form 6-K report, indicating it's a report of a foreign private issuer.
  • 7The report was filed with the SEC on December 2, 2021.

Frequently Asked Questions

The shares were re-issued from treasury to a participant in an employee share scheme, which is a common practice for compensating or incentivizing employees.

This specific transaction involved re-issuing shares already held in treasury, so it does not change the total number of shares outstanding from an external perspective. The number of shares in issue (excluding treasury shares) remains 771,999,532.

Shares in treasury are shares that a company has repurchased from the open market but has not yet cancelled. They are not considered outstanding for voting or dividend purposes and can be re-issued for various corporate purposes, such as employee share schemes or acquisitions.

This transaction is relatively small in scale compared to the total number of shares outstanding and is related to standard employee share schemes. Therefore, it is unlikely to have a material impact on CRH's stock price.