Cairn Homes Plc Announces Transaction in Own Shares

Cairn Homes Plc carried out a share buyback transaction on 3 April 2024, as part of its ongoing share buyback programme initiated on 3 March 2023. The company reported the purchase of a total of 100,000 of its ordinary shares valued at EUR 0.001 each. These shares were acquired across two significant stock exchanges, with 60,000 shares bought on Euronext Dublin and the remaining 40,000 shares on the London Stock Exchange, through the broker Numis Securities Ltd.

The transactions resulted in a mix of performance on the stock prices, where the highest price for the shares on Euronext Dublin was €1.572 and £1.344 on the London Stock Exchange. Conversely, the lowest paid prices were €1.552 and £1.328 on the respective exchanges. The company has declared that these repurchased shares will be cancelled, aligning with the strategy to reduce the outstanding share count, potentially enhancing shareholder value.

Following this operation, Cairn Homes Plc's total number of shares in issue will decrease to 644,497,549, with each share carrying one vote. The company does not hold any shares in treasury post-transaction. The detailed trade information provided includes the specific times and prices for the shares bought, showcasing a transparent process in line with regulatory requirements.