Cairn Homes Plc Announces Recent Share Buyback Activity

Cairn Homes Plc reported the purchase of 100,000 of its own ordinary shares on 28 March 2024. This transaction was split across Euronext Dublin and the London Stock Exchange, with 60,000 shares bought on Euronext Dublin and 40,000 on the London Stock Exchange. The company conducted these transactions through its broker, Numis Securities Ltd.

The highest price paid for the shares was €1.606 and £1.376 on Euronext Dublin and the London Stock Exchange respectively, with the volume-weighted average price paid per share at €1.603590 and £1.371812. This action is a part of Cairn Homes' share buyback program, which was announced on 3 March 2023.

Following these transactions, Cairn Homes Plc's total number of ordinary shares in issuance will be 644,697,549, each entitled to one vote, with none held in treasury. This move aligns with the company's strategy, as stipulated under Regulation (EU) No 596/2014 (the Market Abuse Regulation).