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Hammerson plc R.E.I.T. ( (GB:HMSO) ) has shared an announcement.
Hammerson plc announced the purchase of 71,479 ordinary shares as part of its ongoing share buyback programme initiated on 16 October 2024. This move is part of a larger effort to enhance shareholder value, having acquired a total of 8,288,278 shares since the programme’s inception. The repurchased shares will be canceled, potentially improving earnings per share and overall shareholder returns. This action underscores Hammerson’s strategic focus on optimizing its capital structure in a competitive real estate market.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) specializing in property development and management. The company primarily focuses on retail properties, including shopping centers and outlets, across various European markets.
YTD Price Performance: -0.29%
Average Trading Volume: 1,044,242
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.39B
For a thorough assessment of HMSO stock, go to TipRanks’ Stock Analysis page.
