Summary
CRH Public Limited Company (CRH) filed a Form 6-K on April 3, 2023, to report a transaction involving its own shares. The company transferred 2,950 Ordinary Shares to participants in its employee share schemes on March 31, 2023. These shares were transferred at various prices, including €16.19, €24.24, and £20.11 per share, reflecting a portion of its treasury stock. Following this transaction, CRH now holds 9,646,001 Ordinary Shares in treasury. The total number of outstanding ordinary shares, excluding these treasury shares, stands at 742,494,337. This filing is primarily an informational update regarding the company's share capital structure and its engagement with employee incentive programs.
Key Highlights
- 1CRH plc transferred 2,950 Ordinary Shares from treasury to employee share schemes on March 31, 2023.
- 2The transfer prices varied, with some shares exchanged at €16.19, others at €24.24, and some at £20.11 per share.
- 3As a result of the transaction, CRH's treasury share balance is now 9,646,001 Ordinary Shares.
- 4The total number of issued ordinary shares, excluding treasury shares, is 742,494,337.
- 5This filing is a Form 6-K, indicating it's a report of foreign private issuers.
- 6The transaction relates to the company's management of its share capital and employee compensation plans.
Frequently Asked Questions
The shares were transferred to participants in CRH's employee share schemes, which is a common practice for rewarding employees and aligning their interests with the company.
Following the recent transaction, CRH holds 9,646,001 Ordinary Shares in treasury.
The total number of Ordinary Shares in issue, excluding the treasury shares, is 742,494,337.
This type of transaction, involving a relatively small number of shares transferred for employee schemes, is generally not expected to have a material impact on CRH's overall financial performance or valuation. It's primarily an administrative and employee incentive related activity.