Cairn Homes Executes Share Buyback

Cairn Homes Plc recently executed a share buyback, acquiring 200,000 of its ordinary shares on Euronext Dublin and the London Stock Exchange. The buyback was conducted through Deutsche Numis, the company's broker. Specifically, 150,000 shares were bought on Euronext Dublin and 50,000 on the London Stock Exchange.

The shares purchased on Euronext Dublin had a highest price of €2.200 and a lowest of €2.180, resulting in a volume weighted average price of €2.19282. On the London Stock Exchange, the highest price was £1.830, the lowest £1.810, and the average £1.825141. The buyback is part of Cairn Homes' ongoing programme announced in July 2024.

Cairn will cancel the repurchased shares, reducing its total ordinary shares to 628,049,004 with no holdings in treasury. The transaction complies with Article 5(1)(b) of the EU's Market Abuse Regulation.