Cairn Homes Plc Announces Share Buyback Activity

Cairn Homes Plc disclosed its recent transaction of repurchasing its own shares on March 12, 2024. The company bought back a total of 180,000 ordinary shares, with transactions split between Euronext Dublin and the London Stock Exchange. These shares, bought through the broker Numis Securities Ltd, are designated for cancellation.

The buyback involved 100,000 shares on Euronext Dublin and 80,000 shares on the London Stock Exchange. Prices fluctuated, reaching up to €1.540 and £1.310 for the highest and €1.508 and £1.288 for the lowest on Euronext Dublin and the London Stock Exchange respectively. This move is part of an ongoing share buyback programme initiated on March 3, 2023.

Following the completion and cancellation of these purchases, Cairn Homes Plc's total issued ordinary shares will reduce to 646,047,728, each with a single voting right. The company reported holding no ordinary shares in treasury, upholding transparency in accordance with market regulations.