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CRH Re-Issues Treasury Shares for Employee Share Schemes

Story Highlights
  • CRH re-issued 31,651 treasury shares to participants in its employee share schemes at two specified price levels.
  • After the transaction, CRH holds over 38 million shares in treasury and nearly 669 million shares in issue, slightly boosting free float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CRH Re-Issues Treasury Shares for Employee Share Schemes

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CRH plc ( (CRH) ) has issued an update.

CRH plc has re-issued 31,651 ordinary shares from treasury to participants in its employee share schemes at prices of £25.55 and £31.04 per share. Following this transaction, the company now holds 38,011,889 ordinary shares in treasury, with 668,902,853 ordinary shares in issue excluding treasury stock, reflecting a routine equity administration move that marginally increases the free float and supports employee incentive programmes without issuing new shares.

More about CRH plc

CRH plc is a global building materials group that manufactures and supplies a broad range of construction products, including aggregates, cement, ready-mixed concrete and asphalt, serving infrastructure, commercial and residential markets worldwide.

See more insights into CRH stock on TipRanks’ Stock Analysis page.

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