Major Move in Irish Real-estate: Irish Residential Properties REIT Purchases and Cancels Nearly One Million Shares

Irish Residential Properties REIT plc has announced the acquisition of 813,929 of its own ordinary shares between April 14th and April 17th, 2025. The company has repurchased these share for cancellation, signifying a significant shift in its corporate strategy.

Throughout the four-day period, the company purchased shares at an average price ranging from €0.9941 to €1.0151 through its broker J&E Davy. Noteworthy volumes of shares that underwent buyback include 208,185 shares on April 14th, 202,231 shares on April 15th, 203,081 shares on April 16th, and 200,432 shares on April 17th, 2025.

The move forms part of the firm’s ongoing buy-back programme, which was previously announced on March 20th, 2025. Moving forward, any shares bought under this programme will be announced on a weekly basis. All the shares purchased by the company will be cancelled.