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Hammerson Advances Share Buyback Programme with Latest Purchase

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Hammerson Advances Share Buyback Programme with Latest Purchase

Hammerson plc R.E.I.T. ( (GB:HMSO) ) has shared an announcement.

Hammerson plc has executed a share buyback transaction as part of its ongoing Share Buyback Programme, purchasing 81,726 ordinary shares at an average price of 244.69 pence per share. This move is part of a larger initiative that has seen the company repurchase over 11.5 million shares since October 2024, reflecting its strategy to enhance shareholder value by reducing the number of shares in circulation.

More about Hammerson plc R.E.I.T.

Hammerson plc is a real estate investment trust (REIT) that focuses on the ownership, development, and management of retail properties. The company operates primarily in the UK, Ireland, and France, with a portfolio that includes shopping centers, retail parks, and premium outlets.

YTD Price Performance: -12.02%

Average Trading Volume: 1,056,339

Technical Sentiment Signal: Buy

Current Market Cap: £1.21B

See more insights into HMSO stock on TipRanks’ Stock Analysis page.

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