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The latest update is out from Cairn Homes ( (GB:CRN) ).
Cairn Homes plc has announced the issuance of 5,329,015 new ordinary shares as part of its Long Term Incentive Plan for employees. These shares are set to be traded on the Euronext Dublin and UK Listing Authority, increasing the company’s total issued share capital to 625,576,122 ordinary shares. This move reflects Cairn Homes’ commitment to rewarding its employees and potentially strengthening its market position.
More about Cairn Homes
Cairn Homes is an Irish homebuilder focused on constructing high-quality, competitively priced, sustainable new homes and communities. The company emphasizes customer service and designs homes with shared spaces to foster thriving communities. Cairn owns a substantial landbank primarily in the Greater Dublin Area, benefiting from excellent public transport and infrastructure links.
YTD Price Performance: -17.87%
Average Trading Volume: 1,798,712
Technical Sentiment Signal: Sell
Current Market Cap: £993.5M
For detailed information about CRN stock, go to TipRanks’ Stock Analysis page.