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The latest announcement is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).
Hammerson plc has announced the purchase and subsequent cancellation of 40,172 ordinary shares as part of its ongoing share buyback programme, which was initiated in October 2024. This strategic move is part of a larger effort, having repurchased over 16 million shares since the programme’s inception, potentially enhancing shareholder value and optimizing capital structure.
The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 price target. To see the full list of analyst forecasts on Hammerson plc R.E.I.T. stock, see the GB:HMSO Stock Forecast page.
Spark’s Take on GB:HMSO Stock
According to Spark, TipRanks’ AI Analyst, GB:HMSO is a Neutral.
Hammerson plc’s overall stock score is driven by ongoing financial challenges and high leverage, which are offset by positive technical indicators and strategic actions like the share buyback program. While the company shows signs of operational improvement, the financial health concerns and negative profitability weigh heavily on the score.
To see Spark’s full report on GB:HMSO stock, click here.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) that focuses on property development and management, primarily in the retail sector. The company operates across various markets, including the UK and Europe, with a focus on high-quality retail destinations.
Average Trading Volume: 936,030
Technical Sentiment Signal: Buy
Current Market Cap: £1.44B
Find detailed analytics on HMSO stock on TipRanks’ Stock Analysis page.