CRH Re-issues 2,780 Treasury Shares to Employees on Jan 3

TL;DR

**CRH re-issued 2,780 treasury shares to employees, a small, non-dilutive move.**

AI Summary

On January 3, 2024, CRH plc re-issued 2,780 Ordinary Shares from its treasury to participants in its employee share schemes. These shares were transferred at prices ranging from €23.39 to £31.04 per share. Following this transaction, CRH plc now holds 41,202,710 Ordinary Shares in Treasury, with 693,221,388 Ordinary Shares in issue (excluding treasury shares). This matters to investors because it indicates the company is utilizing its treasury shares for employee compensation, which can be a non-dilutive way to reward staff and align their interests with shareholders.

Why It Matters

This filing shows CRH is using existing shares to compensate employees, which is a common practice that can motivate staff without immediately diluting current shareholders through new share issuance.

Risk Assessment

Risk Level: low — The transaction involves a very small number of shares relative to the total outstanding, posing minimal risk to existing shareholders.

Analyst Insight

An investor should note that this is a routine operational event for employee compensation and does not signal a major shift in company strategy or financial health. It's a minor, non-dilutive use of existing shares.

Key Numbers

• 2,780 — Ordinary Shares transferred (number of shares re-issued to employee share schemes)
• €23.39 — Share price (Euro) (one of the prices at which shares were transferred)
• £25.55 - £31.04 — Share price (Pound Sterling) (the range of prices at which shares were transferred)
• 41,202,710 — Treasury Shares held (total shares held by CRH plc in treasury after the transaction)
• 693,221,388 — Ordinary Shares in issue (total shares outstanding excluding treasury shares)

Key Players & Entities

• CRH plc (company) — the registrant re-issuing shares
• Diarmuid Enright (person) — Assistant Company Secretary and contact person
• 2,780 (dollar_amount) — number of Ordinary Shares transferred
• €23.39 (dollar_amount) — price per Ordinary Share for some transfers
• £25.55 and £31.04 (dollar_amount) — price range per Ordinary Share for other transfers
• 41,202,710 (dollar_amount) — number of Ordinary Shares held in Treasury after the transaction
• 693,221,388 (dollar_amount) — number of Ordinary Shares in issue (excluding Treasury Shares)
• January 3, 2024 (dollar_amount) — date of the share transfer

Forward-Looking Statements

• CRH will continue to use treasury shares for employee compensation in the future. (CRH plc) — medium confidence, target: 2024-12-31

FAQ

From the Filing

0001654954-24-000167.txt : 20240104 0001654954-24-000167.hdr.sgml : 20240104 20240104095015 ACCESSION NUMBER: 0001654954-24-000167 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240104 FILED AS OF DATE: 20240104 DATE AS OF CHANGE: 20240104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CRH PUBLIC LTD CO CENTRAL INDEX KEY: 0000849395 STANDARD INDUSTRIAL CLASSIFICATION: CEMENT, HYDRAULIC [3241] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32846 FILM NUMBER: 24510008 BUSINESS ADDRESS: STREET 1: BELGARD CASTLE CLONDALKIN CITY: DUBLIN IRELAND STATE: L2 ZIP: 22 MAIL ADDRESS: STREET 1: 42 FITZWILLIAM SQUARE CITY: DUBLIN 2 STATE: L2 6-K 1 a5700y.htm TRANSACTION IN OWN SHARES a5700y   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549       FORM 6-K     REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A - 16 OR 15D - 16 OF THE SECURITIES EXCHANGE ACT OF 1934     03 January 2024 Commission File No. 001-32846   ____________________________ CRH public limited company (Translation of registrant's name into English)     ____________________________     Belgard Castle, Clondalkin, Dublin 22, Ireland. (Address of principal executive offices) ____________________________   Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:   Form 20-F X Form 40-F___     Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _________     Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):________             Enclosure: Transaction in Own Shares   3 rd  January 2024     RE-ISSUE OF TREASURY SHARES   CRH plc announces that today, 3 rd  January 2024, it transferred to participants in its   employee share schemes   2,780 Ordinary Shares at a price of €23.39, and at prices between £25.55 and £31.04, per Ordinary Share.   Following the above transaction, CRH plc holds 41,202,710 Ordinary Shares in Treasury. The number of Ordinary Shares in issue (excluding Treasury Shares) is 693,221,388.     Contact Diarmuid Enright Assistant Company Secretary Tel:  003531 6344340   ___                                                  SIGNATURE           Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.     CRH public limited company     (Registrant )       Date 03 January 2024       By:___/s/Neil Colgan___     N.Colgan     Company Secretary