Cairn Homes Plc Announces Recent Share Buyback Transactions

Cairn Homes plc disclosed its recent share buyback transactions that took place on April 24, 2024. The company successfully repurchased 100,000 ordinary shares which will be subsequently cancelled. This buyback occurred through its broker, Goodbody Stockbrokers UC, both on Euronext Dublin and the London Stock Exchange.

The detailed acquisition includes 60,000 shares bought on Euronext Dublin and 40,000 on the London Stock Exchange with volume weighted average prices of €1.6042 and £1.3792 respectively. This move forms part of a broader share buyback programme that the company initiated on March 3, 2023. The highest price paid for the shares was €1.616 and £1.386 while the lowest was €1.592 and £1.370.

Post transaction, the total number of ordinary shares in Cairn Homes stands at 647,851,805, with no shares held in treasury. This action aligns with the Market Abuse Regulation, ensuring transparency and compliance in its financial activities.