Cairn Homes Plc Announces Share Buyback Transactions

Cairn Homes Plc disclosed the completion of a share buyback transaction on March 22, 2024, where the company repurchased a total of 100,000 of its ordinary shares through its broker, Numis Securities Ltd. The transaction encompassed dealings on both Euronext Dublin and the London Stock Exchange, with 60,000 and 40,000 shares purchased respectively. The highest price paid per ordinary share was €1.640 on Euronext Dublin and £1.410 on the London Stock Exchange, while the lowest was €1.594 and £1.378 respectively. These shares are set to be cancelled following this repurchase.

This buyback is part of a broader share buyback program that Cairn Homes Plc had announced earlier, on March 3, 2023. Post the completion and cancellation of this recent purchase, the company will have 645,097,549 ordinary shares in issue. Cairn Homes Plc, which does not hold any ordinary shares in treasury, aims to enhance shareholder value through this program. Detailed trade information was provided in compliance with market regulations. The company remains committed to transparent dealings and shareholder communication as evidenced by their regulated announcement.