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Cairn Homes ( (GB:CRN) ) has issued an announcement.
Cairn Homes plc has announced the repurchase of 227,207 of its ordinary shares as part of its ongoing share buyback program. These shares were bought back on both Euronext Dublin and the London Stock Exchange and will be cancelled, reducing the total number of shares in circulation to 621,371,439. This move signifies the company’s continued efforts to manage its capital structure and may impact shareholder value positively by increasing earnings per share.
More about Cairn Homes
YTD Price Performance: 71.46%
Average Trading Volume: 963,255
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.19B
For a thorough assessment of CRN stock, go to TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
