Summary
CRH Public Limited Company (CRH) filed a Form 6-K on May 5, 2023, reporting a transaction involving its own shares. The company transferred 2,104 Ordinary Shares from its treasury to participants in its employee share schemes on May 4, 2023. These shares were transferred at various prices, with a euro-denominated price of €27.86 and pound-denominated prices ranging from £20.11 to £31.04 per share. This transaction is a routine part of managing employee compensation and incentives.
Key Highlights
- 1CRH plc transferred 2,104 Ordinary Shares from treasury on May 4, 2023.
- 2The shares were issued to participants in CRH's employee share schemes.
- 3Transfer prices were denominated in both Euros (€27.86) and Pounds (£20.11 - £31.04).
- 4Following the transfer, CRH plc holds 15,349,309 Ordinary Shares in Treasury.
- 5The total number of Ordinary Shares in issue, excluding treasury shares, is 736,791,029.
Frequently Asked Questions
The primary purpose of this filing (Form 6-K) was to report a transaction where CRH plc re-issued treasury shares to employees participating in its share schemes.
A total of 2,104 Ordinary Shares were transferred from CRH's treasury to participants in its employee share schemes.
Treasury shares are shares that CRH has repurchased from the open market or previously issued and subsequently reacquired. These shares are held by the company and can be re-issued for various purposes, such as employee stock options, acquisitions, or share buyback programs. The filing indicates that after this transaction, CRH holds approximately 15.35 million shares in treasury.
This transaction involves the re-issuance of shares that were already held in treasury, meaning they were previously issued and outstanding. Therefore, this specific transfer does not change the total number of shares outstanding. The filing clarifies that 736,791,029 shares are currently in issue, excluding those held in treasury.