Summary
CRH plc (CRH) has filed a Form 6-K report detailing a transaction involving its own shares. On December 7, 2021, the company re-issued treasury shares to participants of its employee share schemes. This action involved the transfer of 15,056 ordinary shares at specified prices in both Euros and Pounds Sterling.
Key Highlights
- 1CRH plc re-issued 15,056 ordinary shares from its treasury stock.
- 2The transaction occurred on December 7, 2021.
- 3Shares were transferred to participants in CRH's employee share schemes.
- 4The re-issue prices ranged from €20.825 to €23.39 and £16.16 to £20.83.
- 5Following this transaction, CRH now holds 23,254,512 ordinary shares in treasury.
- 6The total number of ordinary shares in issue, excluding treasury shares, stands at 771,885,826.
Frequently Asked Questions
This filing (Form 6-K) reports on a transaction where CRH plc re-issued its own shares from treasury to employees under its share schemes.
Companies typically re-issue treasury shares to fulfill obligations under employee stock option plans, restricted stock units, or other employee incentive programs, as is the case here with CRH's employee share schemes.
This transaction decreases the number of treasury shares held by CRH and increases the number of shares in circulation (issued shares) by the same amount. The total number of shares outstanding (excluding treasury shares) is now 771,885,826.
The prices reflect the market value of CRH shares at the time of the transaction. The range in prices may be due to different grant dates or strike prices of the options exercised by employees under the various share schemes.