Irish Residential Properties REIT Announces Share Buyback

Irish Residential Properties REIT plc, commonly known as I-RES, has announced the purchase and cancellation of 813,929 ordinary shares within the timeframe of 14 to 17 April 2025. These shares, each with a nominal value of €0.10, were acquired through their broker J&E Davy. The transactions were executed as part of an ongoing share buy-back programme announced on 20 March 2025.

The volume-weighted average prices paid for these shares varied slightly over the four days, with the lowest price at €0.9941 on 16 April and the highest at €1.0151 on 17 April. This buyback initiative aligns with Article 5(1)(b) of the EU Regulation No 596/2014. All acquired shares are set for cancellation, reflecting the company's commitment to enhancing shareholder value.