8-K

CRH PUBLIC LTD CO 8-K Report (Jul 5, 2022)

Filed July 5, 2022For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on July 4, 2022, reporting a transaction involving its own shares. On July 1, 2022, the company transferred 40,474 ordinary shares from its treasury to participants in an employee share scheme. These shares were transferred at prices of £20.11 and £24.51 per share. This transaction resulted in a slight reduction in CRH's treasury shares. Following the transfer, CRH holds 14,620,986 ordinary shares in treasury, and the total number of ordinary shares outstanding (excluding treasury shares) is 759,519,352. This disclosure is important for investors to understand share count changes, which can impact metrics like earnings per share and stock dilution.

Key Highlights

  • 1CRH plc transferred 40,474 ordinary shares on July 1, 2022.
  • 2The shares were transferred as part of an employee share scheme.
  • 3The transfer prices ranged from £20.11 to £24.51 per ordinary share.
  • 4This transaction involved re-issuing treasury shares.
  • 5CRH's treasury share balance decreased to 14,620,986 shares post-transaction.
  • 6The number of outstanding ordinary shares (excluding treasury) is 759,519,352.

Frequently Asked Questions

The primary purpose of this filing (Form 6-K) was to report CRH plc's transaction involving its own shares, specifically the re-issuance of treasury shares to employees under an incentive plan.

This transaction reduces the number of shares held in treasury by 40,474. The total number of outstanding shares, excluding treasury shares, remains 759,519,352, but the number of shares held by the company as treasury stock has decreased.

Treasury shares are shares that a company has repurchased but not retired. Changes in treasury stock can affect a company's reported share count, potentially influencing metrics like earnings per share (EPS) and dilution. The re-issuance of these shares indicates stock-based compensation or employee incentives.

The company transferred 40,474 shares at prices of £20.11 and £24.51 per share. The exact total value of the transfer can be calculated by multiplying the number of shares transferred at each price point.