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Shares of Elgin housebuilder plummet as it launches debt crunching strategy

By Rachel Smart
- rachel.smart@hnmedia.co.uk
Published: 11:47, 21 September 2023
 | Updated: 11:48, 21 September 2023

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Springfield Properties, chief executive, Innes Smith.
Springfield Properties, chief executive, Innes Smith.

Shares of an Elgin-based housebuilder have plummeted as it announced that it will be suspending its dividend payments.