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Cairn Homes ( (GB:CRN) ) just unveiled an announcement.
Cairn Homes plc announced the purchase and subsequent cancellation of 17,875 of its ordinary shares on Euronext Dublin as part of its ongoing share buyback programme. This transaction reduces the total number of shares in issue to 621,061,620, potentially boosting shareholder value by decreasing the supply of shares in the market.
More about Cairn Homes
Cairn Homes plc is a prominent homebuilding company based in Ireland, primarily focusing on the construction and sale of residential properties. The company operates in the Irish housing market, targeting a range of buyers from first-time homeowners to those seeking premium properties.
YTD Price Performance: 70.21%
Average Trading Volume: 974,970
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.2B
For a thorough assessment of CRN stock, go to TipRanks’ Stock Analysis page.
