Cairn Homes (GB:CRN) has released an update.
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Cairn Homes has repurchased 165,849 of its ordinary shares on Euronext Dublin and the London Stock Exchange as part of its ongoing share buyback program. The shares, purchased through Goodbody Stockbrokers, will be cancelled, reducing the total number of shares in issue to 629,674,033. This strategic move is designed to enhance shareholder value and optimize the company’s capital structure.
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