Cairn Homes Plc Announces Recent Share Buyback Activity

Cairn Homes Plc, on April 17, 2024, executed a buyback of 100,000 of its own ordinary shares, distributed across Euronext Dublin and the London Stock Exchange. This action forms a component of its ongoing share buyback programme initiated on March 3, 2023. Operating through Goodbody Stockbrokers UC, the company detailed that 60,000 shares were bought on Euronext Dublin and 40,000 on the London Stock Exchange.

The prices ranged from €1.6180 to €1.6320 per share in Dublin, and £1.3800 to £1.3940 in London. Post-transaction, the total number of Cairn Homes' ordinary shares in circulation will reduce to 648,343,920 as these repurchased shares are set to be cancelled. This strategic move supports the company’s objective to manage its capital efficiently and enhance shareholder value.

The detailed transaction records are available as required by Market Abuse Regulation, ensuring transparency in these transactions. Cairn Homes Plc reiterated its commitment to compliance and governance across its operational markets.