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Cairn Homes Completes €45 Million Share Buyback Programme

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Cairn Homes Completes €45 Million Share Buyback Programme

An announcement from Cairn Homes ( (GB:CRN) ) is now available.

Cairn Homes has successfully completed a €45 million share buyback programme, which ran from July 2024 to January 2025. This strategic move involved the repurchase of over 22 million shares at an average price of €1.99, representing 3.5% of the company’s issued share capital, potentially strengthening the company’s market position and benefiting its stakeholders.

More about Cairn Homes

Cairn Homes is an Irish homebuilder focused on creating high-quality, competitively priced, and sustainable new homes and communities. The company emphasizes customer service and innovative design, with a significant landbank primarily located in the Greater Dublin Area, benefiting from excellent public transport and infrastructure links.

YTD Price Performance: -1.86%

Average Trading Volume: 907,671

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.19B

For detailed information about CRN stock, go to TipRanks’ Stock Analysis page.

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