CRH (NYSE: CRH) investors approve cancelling 7% and 5% preference shares
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
CRH public limited company reported that holders of its two classes of cumulative preference shares approved plans to cancel these shares at separate scheme meetings. Both meetings were held on May 21, 2026.
For the 7% “A” cumulative preference shares, 496,285 votes were cast in favor of the scheme of arrangement and 30,972 against, with no abstentions. For the 5% cumulative preference shares, 35,782 votes were in favor and 6,543 against, also with no abstentions. Abstentions are not counted in the legal calculation of votes for or against.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
7% A preference votes for: 496,285 votes
7% A preference votes against: 30,972 votes
5% preference votes for: 35,782 votes
+1 more
4 metrics
7% A preference votes for
496,285 votes
For cancellation scheme at May 21, 2026 meeting
7% A preference votes against
30,972 votes
Against cancellation scheme at May 21, 2026 meeting
5% preference votes for
35,782 votes
For cancellation scheme at May 21, 2026 meeting
5% preference votes against
6,543 votes
Against cancellation scheme at May 21, 2026 meeting
Key Terms
scheme of arrangement, cumulative preference shares, Broker Non-Vote, abstained vote
4 terms
scheme of arrangement regulatory
"To approve the scheme of arrangement to cancel the 7% “A” cumulative preference shares"
A scheme of arrangement is a legal agreement between a company and its shareholders or creditors to reorganize or settle debts, often to avoid bankruptcy or make big changes. It’s like a carefully planned handshake that everyone agrees to, helping the company stay afloat or improve its financial health.
Broker Non-Vote regulatory
"For | Against | Abstain* | Broker Non-Vote 496,285 | 30,972 | 0 | N/A"
abstained vote regulatory
"An “abstained” vote is not a vote in law and is not taken into account"
