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An announcement from Cairn Homes ( (GB:CRN) ) is now available.
Cairn Homes Plc, a company listed on Euronext Dublin and the London Stock Exchange, announced the repurchase of 87,781 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed by the company’s broker Numis Securities Ltd, involves the cancellation of repurchased shares, reducing the total number of shares in circulation. The highest price paid per share was €2.300 and £1.906 on respective exchanges, indicating a strategic move in managing its capital structure.
More about Cairn Homes
YTD Price Performance: 74.17%
Average Trading Volume: 969,566
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.21B
See more insights into CRN stock on TipRanks’ Stock Analysis page.