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Hammerson plc R.E.I.T. ( (GB:HMSO) ) has issued an update.
Hammerson plc has announced the purchase of 79,685 of its own ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. The shares were bought at a volume-weighted average price of 248.65 pence and will be canceled, contributing to the total of 11,501,713 shares repurchased since the programme’s inception. This move is part of Hammerson’s strategy to enhance shareholder value and optimize its capital structure.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) that operates in the property industry, focusing on the ownership, development, and management of retail properties. The company is known for its portfolio of prime shopping centers, retail parks, and premium outlets across the UK and Europe.
YTD Price Performance: -11.30%
Average Trading Volume: 1,045,175
Technical Sentiment Signal: Buy
Current Market Cap: £1.2B
For an in-depth examination of HMSO stock, go to TipRanks’ Stock Analysis page.