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

Cairn Homes Plc disclosed a buyback of 100,000 of its ordinary shares, with transactions executed on April 23, 2024, through brokers Goodbody Stockbrokers UC. This move is part of its ongoing share buyback program initially announced on March 3, 2023.

The repurchased shares, which will be subsequently cancelled, involved 60,000 shares on Euronext Dublin and 40,000 shares on the London Stock Exchange. Notably, the highest price paid per share was €1.6160 and £1.3860 on each respective exchange, while the lowest was €1.5860 and £1.3660. The volume weighted average prices were calculated at €1.6002 and £1.3768.

Following the cancellation of these shares, the total number of remaining ordinary shares of Cairn Homes will stand at 647,951,805, each with the right to one vote. The company does not hold any ordinary shares in treasury. This action reflects a strategic attempt by Cairn Homes to manage its capital effectively.