Cairn Homes Plc Executes Share Buyback

Cairn Homes Plc recently completed a share buyback, purchasing 87,781 ordinary shares on 20 December 2024. The repurchase was executed on Euronext Dublin and London Stock Exchange via the company's broker, Deutsche Numis. This activity forms part of the share buyback program initiated on 3 July 2024.

On Euronext Dublin, Cairn acquired 56,333 shares with a volume-weighted average price of €2.290719. The highest and lowest prices paid per share were €2.300 and €2.285, respectively. Meanwhile, on the London Stock Exchange, 31,448 shares were bought at an average price of £1.901485, with prices ranging from £1.906 to £1.900.

Post-transaction, the company's total issued shares stand at 621,079,495, each with one voting right. Cairn Homes holds no treasury shares, highlighting a strategic move to enhance shareholder value through this buyback initiative.