8-K

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

Filed December 5, 2022For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K report on December 5, 2022, to disclose a transaction involving its own shares. Specifically, on December 2, 2022, CRH transferred 7,422 ordinary shares to participants in its employee share schemes. These shares were transferred at various prices in both Euros and Pounds Sterling, reflecting different grant conditions or exercises within the schemes. This transaction has a minor impact on CRH's outstanding share count. Following the re-issuance of treasury shares, CRH now holds 27,582,664 ordinary shares in treasury. The total number of ordinary shares in issue, excluding these treasury shares, stands at 746,557,674. This filing is primarily an administrative disclosure concerning the management of CRH's share capital in relation to its employee compensation programs.

Key Highlights

  • 1CRH plc announced a transaction involving the re-issuance of treasury shares on December 2, 2022.
  • 2A total of 7,422 ordinary shares were transferred to participants in employee share schemes.
  • 3The transfers occurred at varying prices in both Euros (€24.24 and €27.86) and Pounds Sterling (£20.11 and £24.51) per share.
  • 4Following this transaction, CRH's treasury share balance is 27,582,664 ordinary shares.
  • 5The number of outstanding ordinary shares (excluding treasury shares) is 746,557,674.
  • 6This filing is made on Form 6-K, indicating CRH is a foreign private issuer.
  • 7The transaction is related to the company's employee share schemes and share capital management.

Frequently Asked Questions

The main purpose of this filing (on Form 6-K, as CRH is a foreign private issuer) was to disclose the re-issuance of treasury shares to employees participating in CRH's share schemes. It provides an update on the company's treasury share balance and the number of shares outstanding.

CRH re-issued 7,422 ordinary shares. The prices varied depending on the currency, with transfers occurring at €24.24 and €27.86 per Ordinary Share in Euros, and £20.11 and £24.51 per Ordinary Share in Pounds Sterling.

The re-issuance of 7,422 shares from treasury slightly reduces the number of shares held in treasury. The total number of ordinary shares in issue, excluding treasury shares, remains substantial at 746,557,674. The treasury share balance is now 27,582,664.

No, these are not newly issued shares. The shares were transferred from CRH's existing treasury stock, which are shares the company previously repurchased.