Wannabe footy managers given mobile option
25 June 2009 — 10:02 AM
An Iseq-listed building materials firm has announced this week it is to reissue a number of treasury shares as part of a staff incentive scheme.
CRH, which closed trading on the exchange yesterday (June 24th) with an official ordinary price of 16.54, revealed 4,317 shares would be transferred to participants in its employee benefits package.
These will be priced at 11.8573 and 15.0674 per ordinary share and will leave the company with a treasury holding of 14,962,638 shares - and an in issue figure of 692,215,802.
It was also revealed this week that the CRH board had appointed John W Kennedy as a non-executive director.
Mr Kennedy has previously served as executive vice-president of the Halliburton Company, president of Dresser Enterprises and chief operations officer of Brown and Root Services.
In addition, the appointee acts as a consultant to a number of other energy companies and CRH has listed his various academic achievements it believes are relevant to his new position.
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