8-K

CRH PUBLIC LTD CO 8-K Report (Sep 13, 2023)

Filed September 13, 2023For Securities:CRH

Summary

CRH plc filed a Form 6-K on September 7, 2023, reporting a transaction involving its own shares. The company re-issued treasury shares, transferring 6,971 Ordinary Shares to participants in its employee share schemes. These shares were transferred at prices of €23.39 and £20.83 per share, reflecting different currencies for potential international participation. Following this transaction, CRH plc's treasury share balance decreased slightly. The company now holds 38,837,540 Ordinary Shares in Treasury. The total number of Ordinary Shares currently in issue, excluding these treasury shares, stands at 713,302,798. This disclosure is primarily administrative and relates to the company's share capital management and employee benefit programs.

Key Highlights

  • 1CRH plc re-issued treasury shares on September 6, 2023.
  • 26,971 Ordinary Shares were transferred to participants in employee share schemes.
  • 3Transaction prices were €23.39 and £20.83 per Ordinary Share.
  • 4The company's treasury share balance has been adjusted following the re-issue.
  • 5CRH plc now holds 38,837,540 Ordinary Shares in Treasury.
  • 6The number of Ordinary Shares in issue (excluding treasury shares) is 713,302,798.

Frequently Asked Questions

This filing is a Form 6-K, which is a report of a foreign private issuer. The primary purpose is to announce the re-issuance of treasury shares to employees participating in share schemes and to update the company's outstanding share count.

CRH plc re-issued 6,971 Ordinary Shares. These shares were transferred to participants in its employee share schemes.

The re-issuance reduces the number of shares held in treasury by 6,971. CRH plc now holds 38,837,540 Ordinary Shares in Treasury, and the total number of Ordinary Shares in issue (excluding treasury shares) is 713,302,798.

The different prices reflect the currency in which the transactions occurred, likely related to the locations of the employee share scheme participants. For investors, the key takeaway is the volume of shares transferred and the resulting changes in the company's treasury and issued share counts, rather than the specific prices for these internal employee transactions.