Cairn Homes Plc: Completion of €45 Million Share Buyback Programme

Cairn Homes plc

Completion of €45 Million Share Buyback Programme

Dublin / London, 10 January 2025:  Cairn Homes plc (“Cairn”, “the Company” or “the Group”) (Euronext Dublin: C5H / LSE: CRN), today announces it has completed its €45 million share buyback programme which commenced on 3 July 2024.

Between 3 July 2024 and 9 January 2025, 22,574,301 ordinary shares in the Company were repurchased on Euronext Dublin and the London Stock Exchange for cancellation at an average price of €1.99. This represented 3.5% of the issued share capital of the Company (excluding treasury shares, of which there are none) when the programme commenced.

                                                                                                              -ENDS-

For further information, contact:

Cairn Homes plc                  +353 1 696 4600

Richard Ball, Chief Financial Officer

Stephen Kane, Director of Corporate Finance & Investor Relations

Ailbhe Molloy, Investor Relations Manager

Drury Communications                 +353 1 260 5000

Billy Murphy

Claire Fox

Andrew Smith        

Notes to Editors 

Cairn is an Irish homebuilder committed to building high-quality, competitively priced, sustainable new homes and communities in great locations. At Cairn, the homeowner is at the very centre of the design process. We strive to provide unparalleled customer service throughout each stage of the home-buying journey. A new Cairn home is expertly designed, with a focus on creating shared spaces and environments where communities thrive. Cairn owns a c.17,200 unit landbank across 36 residential development sites, over 90% of which are located in the Greater Dublin Area (GDA) with excellent public transport and infrastructure links.