Cairn Homes Plc Announces Recent Share Buyback Transactions

Cairn Homes Plc disclosed that on April 12, 2024, it repurchased 100,000 of its ordinary shares through transactions on Euronext Dublin and the London Stock Exchange. These operations are a part of the ongoing share buyback program initiated on March 3, 2023. The activity involved purchasing 60,000 shares on Euronext Dublin and 40,000 shares on the London Stock Exchange, with prices per share touching a high of €1.6440 and £1.4000 respectively. Following the repurchase, the shares will be cancelled, altering the total number of ordinary shares in issue to 648,643,920.

The company executed these buybacks via its broker, Goodbody Stockbrokers UC. This strategy is intended to enhance shareholder value. Detailed trade information from the day showcases various transactions ranging in price and time, reflecting active participation in the market. These buybacks were conducted under the alignment with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), ensuring transparency and regulatory compliance.