on Cairn Homes Plc (isin : IE00BWY4ZF18)
Cairn Homes Plc: Shares Buyback Updates
Cairn Homes Plc announced the repurchase of 275,000 ordinary shares on January 7, 2025. These shares were bought on both Euronext Dublin and the London Stock Exchange via Deutsche Numis. The repurchased shares will be canceled, reducing the company's total shares to 620,763,856, each carrying the right to one vote. This buyback is part of the program announced in July 2024.
The breakdown of the transactions reveals 175,000 shares bought on Euronext Dublin with a highest price of €2.295 and 100,000 on the London Stock Exchange at £1.904. The share buyback aims to optimize the company's capital structure by reducing the number of shares in circulation, potentially enhancing shareholder value.
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