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REG-Cairn Homes Plc Cairn Homes Plc: Completion of €45 Million Share Buyback Programme

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Cairn Homes Plc (CRN)
Cairn Homes Plc: Completion of €45 Million Share Buyback Programme

10-Jan-2025 / 07:00 GMT/BST

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                                               Cairn Homes plc

                              Completion of €45 Million Share Buyback Programme

                                                       

Dublin / London, 10 January 2025:  Cairn Homes plc (“Cairn”, “the Company” or “the Group”) (Euronext  Dublin:
C5H / LSE: CRN), today announces it has completed its €45 million share buyback programme which commenced  on
3 July 2024.

 

Between 3  July 2024  and 9  January 2025,  22,574,301 ordinary  shares in  the Company  were repurchased  on
Euronext Dublin and the London Stock Exchange for cancellation at an average price of €1.99. This represented
3.5% of the issued share capital of the Company (excluding treasury shares, of which there are none) when the
programme commenced.

 

 

                                                                                                             
-ENDS-

 

 

For further information, contact:

 

Cairn Homes plc                  +353 1 696 4600

Richard Ball, Chief Financial Officer

Stephen Kane, Director of Corporate Finance & Investor Relations

Ailbhe Molloy, Investor Relations Manager

 

Drury Communications                 +353 1 260 5000

Billy Murphy

Claire Fox

Andrew Smith        

 

 

Notes to Editors 

Cairn is an Irish homebuilder committed to building high-quality, competitively priced, sustainable new homes
and communities in great locations. At Cairn, the homeowner  is at the very centre of the design process.  We
strive to provide unparalleled customer service throughout each stage of the home-buying journey. A new Cairn
home is expertly designed, with a focus on creating shared spaces and environments where communities  thrive.
Cairn owns a c.17,200 unit landbank across 36 residential development sites, over 90% of which are located in
the Greater Dublin Area (GDA) with excellent public transport and infrastructure links.

 

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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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   ISIN:           IE00BWY4ZF18
   Category Code:  MSCL
   TIDM:           CRN
   LEI Code:       635400DPX6WP2KKDOA83
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   369688
   EQS News ID:    2064863


    
   End of Announcement EQS News Service

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