Cairn Homes Plc Announces Recent Share Buyback Activity

Cairn Homes Plc disclosed a transaction involving the buyback of 95,711 of its own shares on April 22, 2024. These shares, each with a nominal value of EUR 0.001, were repurchased on both the Euronext Dublin and the London Stock Exchange via their broker, Goodbody Stockbrokers UC. Following this reacquisition, these shares are set to be cancelled.

The company executed the purchase of 55,711 shares on Euronext Dublin and 40,000 shares on the London Stock Exchange. The price per share reached its highest at €1.6060 and £1.3920, respectively on each stock exchange, and dipped to a low of €1.5800 and £1.3640. This transaction is part of Cairn Homes Plc's ongoing share buyback program, initially announced on March 3, 2023.

Upon the settlement and cancellation of these shares, Cairn Homes Plc will have a revised total of 648,051,805 ordinary shares in issue. These actions support the company's strategy to manage its capital efficiently. Detailed transaction data, as mandated by market regulations, was also provided by the company to ensure transparency.