Cairn Homes (GB:CRN) has released an update.
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Cairn Homes Plc recently executed a share buyback, acquiring 250,000 of its own ordinary shares through its broker, Goodbody Stockbrokers UC, on Euronext Dublin and the London Stock Exchange, with the aim of cancelling the repurchased shares. The buyback is part of a previously announced program, and following the transaction, the total number of shares in issue will be 635,950,856. This move reflects the company’s confidence in its value, potentially signaling a positive outlook to investors.
For further insights into GB:CRN stock, check out TipRanks’ Stock Analysis page.
