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Cairn Homes PLC - Dublin-based housebuilder - Commences €35 million extension to ongoing share buyback, increasing the programme’s total size to €75 million. Company has already returned approximately €40 million to shareholders between March 3 and Tuesday, repurchasing 36.7 million shares at an average price of €1.09. Says buyback programme may continue until June 30 subject to its ongoing capital requirements, customary termination provisions and to market conditions. Can repurchase a maximum of 76.7 million shares under the programme. Current stock price: 109.00 pence, up 1.7% in London on Wednesday morning 12-month change: up 42% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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