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

Cairn Homes Plc announced a significant transaction in owning shares on March 25, 2024, encompassing a total purchase of 100,000 of its ordinary shares. This action spans both Euronext Dublin and the London Stock Exchange, involving the company’s broker, Numis Securities Ltd. In an effort to streamline its share structure, Cairn Homes Plc plans to cancel the repurchased shares.

The distribution of shares purchased was divided, with 60,000 on Euronext Dublin and 40,000 on the London Stock Exchange. The price ranges for these transactions varied slightly between the two trading venues. On Euronext Dublin, prices per share fluctuated between €1.570 and €1.592, achieving an average price of €1.58173. Conversely, shares on the London Stock Exchange witnessed prices moving from £1.348 to £1.372, averaging at £1.359067.

The execution is a part of Cairn Homes Plc’s ongoing share buyback program, initially communicated on March 3, 2023. Post the completion and annulment of the mentioned purchases, the organization revealed its updated total count of ordinary shares to be 644,997,549, each vested with one vote, holding no shares in treasury.