Summary
CRH Public Limited Company (CRH) filed a Form 6-K on November 27, 2023, reporting a transaction by a Director/PDMR (Person Discharging Managerial Responsibilities). Specifically, Richard Fearon, a Director of CRH plc, purchased 10,000 ordinary shares of the company. This transaction, occurring on November 22, 2023, at a price of US$61.37 per share on the New York Stock Exchange, represents a significant investment by a key executive. Such insider purchases can be interpreted by investors as a positive signal regarding the executive's confidence in the company's future performance and valuation. The filing is made in accordance with the EU Market Abuse Regulation.
Key Highlights
- 1Director Richard Fearon purchased 10,000 CRH ordinary shares on November 22, 2023.
- 2The purchase price was US$61.37 per share.
- 3The transaction took place in New York.
- 4This filing is an initial notification under Article 19 of the EU Market Abuse Regulation.
- 5The shares are ordinary shares with a nominal value of €0.32 each (ISIN: IE0001827041).
Frequently Asked Questions
This filing reports an insider purchase by a Director. Such actions can signal confidence from management in the company's prospects, potentially encouraging investor interest.
Richard Fearon, a Director of CRH plc, purchased 10,000 ordinary shares.
The shares were purchased at a price of US$61.37 per share.
The transaction was reported to comply with Article 19 of the EU Market Abuse Regulation, which requires disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.