Summary
CRH Public Limited Company (CRH) filed a Form 6-K on June 8, 2022, reporting a transaction in its own shares that occurred on June 1, 2022. The company re-issued treasury shares to participants in its employee share schemes. This action involved the transfer of 997 ordinary shares at prices ranging from £20.11 to £20.83 per share. This filing is significant for investors as it provides transparency into CRH's share capital management. The re-issuance of treasury shares is a common practice for employee incentive programs and affects the number of outstanding shares. Following this transaction, CRH's treasury share balance stands at 11,225,083 shares, with 762,915,255 ordinary shares remaining in issue (excluding treasury shares).
Key Highlights
- 1CRH plc re-issued 997 treasury shares on June 1, 2022.
- 2The shares were transferred to participants in employee share schemes.
- 3The re-issuance occurred at prices between £20.11 and £20.83 per share.
- 4Following the transaction, CRH holds 11,225,083 ordinary shares in treasury.
- 5The total number of ordinary shares currently in issue (excluding treasury shares) is 762,915,255.
Frequently Asked Questions
The filing is to report a transaction where CRH plc re-issued treasury shares to participants in its employee share schemes. This provides transparency on changes to the company's share capital.
A total of 997 ordinary shares were re-issued. The prices ranged from £20.11 to £20.83 per ordinary share.
This transaction reduces the number of shares held in treasury and increases the number of shares available to the public. After the transaction, CRH holds 11,225,083 shares in treasury, and 762,915,255 ordinary shares are in issue (excluding treasury shares).
While a relatively small number of shares were re-issued, it demonstrates CRH's ongoing use of share-based compensation for its employees. It also provides an update on the company's share structure, which can be relevant for investors calculating metrics like earnings per share.