Cairn Homes Plc Announces Completion of Share Buyback on Euronext Dublin and London Stock Exchange

Cairn Homes Plc reported the buyback of 250,000 of its ordinary shares on March 04, 2024, divided between Euronext Dublin and the London Stock Exchange. This action forms part of a share buyback program initiated on March 3, 2023. The repurchased shares, amounting to 150,000 on Euronext Dublin and 100,000 on the London Stock Exchange, are set to be canceled. The prices ranged from €1.442 to €1.470 and £1.236 to £1.260 for Euronext Dublin and London Stock Exchange transactions respectively.

After these transactions, the total number of outstanding ordinary shares of Cairn Homes Plc will reduce to 647,361,542 shares, all with equal voting rights. It’s noted that the company currently holds no shares in treasury.

Details of the transactions, as per Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), were provided, showcasing the specific prices and numbers of shares bought back during this operation. Cairn Homes has indicated that no shares from this buyback will be held in treasury; all will be cancelled.