Cairn Homes Plc Announces Repurchase of Shares in Recent Transaction

Cairn Homes Plc has officially announced its latest transaction involving the buyback of its own shares. On March 14, 2024, the company completed the purchase of a total of 180,000 ordinary shares. These transactions were conducted across two major trading platforms, Euronext Dublin and the London Stock Exchange, utilizing Numis Securities Ltd as the broker. This activity aligns with Cairn Homes Plc's share buyback program that was initially announced on March 3, 2023.

The specifics of the buyback reveal that 100,000 ordinary shares were purchased on Euronext Dublin and 80,000 on the London Stock Exchange. The prices paid for these shares varied, with the highest recorded at €1.546 and £1.318 for each respective trading venue. Following the cancellation of these repurchased shares, Cairn Homes Plc's total issued ordinary share count will adjust to 645,687,728, maintaining the one vote per share standard, with no shares held in treasury. This move is part of the company's ongoing strategy to manage its share capital effectively.