Cairn Homes Plc Announces Recent Share Buyback Activity

Cairn Homes Plc disclosed that on May 15, 2024, the company repurchased 91,868 of its ordinary shares. The shares, each valued at EUR 0.001, were bought back on the Euronext Dublin and the London Stock Exchange. This action is part of an ongoing share buyback program that the company commenced on March 3, 2023.

The transactions involved 56,868 shares on the Euronext Dublin and 35,000 shares on the London Stock Exchange. The highest price paid was €1.7060 and £1.4660 respectively, with the lowest at €1.6760 and £1.4400. The volume-weighted average prices were €1.6879 and £1.4546. Following this transaction, Cairn Homes Plc will cancel the repurchased shares, confirming a new total of 646,523,159 shares in issue.

The company’s broker, Goodbody Stockbrokers UC, facilitated these transactions. Details such as time of transactions, prices per share, and trading venues were meticulously tracked and reported, demonstrating transparency in alignment with regulatory requirements.