Cairn Homes Plc Announces Recent Share Buyback on Euronext Dublin and London Stock Exchange

Cairn Homes Plc reported the purchase of 100,000 of its ordinary shares on May 13, 2024. The transaction involved two major stock exchanges, Euronext Dublin and the London Stock Exchange, conducted through Goodbody Stockbrokers UC. This buyback is part of a programme initiated on March 3, 2023.

The detailed transaction shows 65,000 shares were bought on Euronext Dublin at prices ranging from €1.6640 to €1.6840 per share, with a volume weighted average of €1.6730. Meanwhile, 35,000 shares were acquired on the London Stock Exchange, with prices between £1.4320 and £1.4480, and an average price of £1.4378. Following this transaction, the company plans to cancel the repurchased shares.

With the completion of this buyback, Cairn Homes Plc’s issued share count will adjust to 646,715,027. According to the company, no ordinary shares are held in treasury post-transaction, ensuring each share retains one vote. This move reflects the company's ongoing strategy to manage its share capital effectively.