Cairn Homes Plc Buys Back Over 314,000 Shares

Cairn Homes Plc has executed a buyback of 314,353 ordinary shares, trading on both Euronext Dublin and the London Stock Exchange. This operation, conducted through Deutsche Numis, reflects the company's commitment to its share buyback program initiated in July 2024. The acquired shares will be cancelled, contributing to a refined capital structure.

On Euronext Dublin, 230,691 shares were repurchased, with a volume-weighted average price of €2.142 per share. Concurrently, 83,662 shares were bought on the London Stock Exchange at an average price of £1.778 per share. The action results in Cairn Homes having 626,816,650 shares in issue, each granting one vote, with no shares held in treasury.

This buyback adheres to the guidelines of the EU Market Abuse Regulation, ensuring transparency and regulatory compliance in the transaction's execution.