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Cairn Homes completes €45 million share buyback, but its share price still drops slightly.
Cairn Homes, an Irish homebuilder, has concluded a €45 million share buyback program aimed at boosting shareholder value and potentially stabilizing its share price.
Despite these efforts, the company's share price slightly dropped by 0.88% in early trading.
The buyback involves purchasing the company's shares from the open market to reduce the total number available for trading.
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Cairn Homes completa la recompra de acciones de 45 millones de euros, pero su precio de las acciones sigue bajando ligeramente.