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Cairn Homes ( (GB:CRN) ) has provided an update.
Cairn Homes Plc announced that it has purchased a total of 46,231 of its ordinary shares on the Euronext Dublin and London Stock Exchange through its broker, Deutsche Numis, as part of its share buyback program. The repurchased shares will be cancelled, reducing the total number of shares in issue and potentially enhancing shareholder value by increasing the ownership stake of remaining shareholders.
More about Cairn Homes
YTD Price Performance: 75.25%
Average Trading Volume: 983,589
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.21B
Learn more about CRN stock on TipRanks’ Stock Analysis page.
