8-K

CRH PUBLIC LTD CO 8-K Report (Mar 23, 2023)

Filed March 23, 2023For Securities:CRH

Summary

CRH Public Limited Company (CRH) filed a Form 6-K on March 23, 2023, reporting a transaction involving its own shares. The company announced the re-issuance of treasury shares to participants in an employee share scheme. Specifically, on March 22, 2023, CRH transferred 1,116 Ordinary Shares at a price of €16.19 per share. This transaction is routine for companies managing employee compensation and stock incentives. This filing provides an update on CRH's share capital structure. Following the re-issuance, CRH now holds 8,682,680 Ordinary Shares in treasury. The total number of outstanding ordinary shares, excluding treasury shares, stands at 743,457,658. While this is a minor adjustment to the company's share count, it reflects ongoing equity management related to its employee incentive programs.

Key Highlights

  • 1CRH plc re-issued treasury shares to participants in an employee share scheme on March 22, 2023.
  • 2A total of 1,116 Ordinary Shares were transferred.
  • 3The transaction price was €16.19 per Ordinary Share.
  • 4Following the transaction, CRH holds 8,682,680 Ordinary Shares in Treasury.
  • 5The number of Ordinary Shares in issue (excluding Treasury Shares) is now 743,457,658.
  • 6This is a routine update related to employee share schemes.

Frequently Asked Questions

This Form 6-K filing was made to report CRH plc's re-issuance of treasury shares to participants in its employee share scheme. It's a standard disclosure for transactions involving the company's own stock.

CRH transferred 1,116 Ordinary Shares at a price of €16.19 per share.

This transaction involves re-issuing shares that were already held in treasury. Therefore, it does not change the total number of shares outstanding. The number of shares in issue (excluding treasury shares) remains 743,457,658, while the number of treasury shares has decreased slightly to 8,682,680.

For most investors, this is a routine and minor event. It reflects the normal operation of employee stock-based compensation plans and has a negligible impact on the overall share count or the company's financial standing.