Summary
CRH plc has filed a Form 6-K to report a transaction involving its own shares. Specifically, on August 24, 2023, the company transferred 12,833 ordinary shares from its treasury to participants in employee share schemes. These shares were transferred at various prices denominated in Euros and Pounds Sterling. This transaction has resulted in CRH plc holding 36,157,471 ordinary shares in treasury, with the total number of ordinary shares in issue (excluding treasury shares) now standing at 715,982,867. This type of transaction is common for companies managing employee compensation and equity programs.
Key Highlights
- 1CRH plc transferred 12,833 ordinary shares on August 24, 2023.
- 2The shares were transferred to participants in employee share schemes.
- 3Transaction prices varied, including €23.39, €24.24, £25.55, and £31.04 per share.
- 4Following the transfer, CRH plc holds 36,157,471 ordinary shares in treasury.
- 5The total number of ordinary shares in issue, excluding treasury shares, is 715,982,867.
Frequently Asked Questions
The primary purpose of this filing (Form 6-K) is to report CRH plc's re-issue of treasury shares to participants in its employee share schemes.
A total of 12,833 ordinary shares were transferred to participants in CRH's employee share schemes.
This transaction reduces the number of treasury shares by 12,833, leaving CRH with 36,157,471 treasury shares. The number of outstanding shares (excluding treasury shares) remains 715,982,867.
No, these are not new shares being issued. They are treasury shares, which are shares that CRH previously repurchased and now re-issued as part of employee compensation.