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Hammerson Advances Share Buyback Programme with New Purchase

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Hammerson Advances Share Buyback Programme with New Purchase

Hammerson plc R.E.I.T. ( (GB:HMSO) ) just unveiled an update.

Hammerson plc has announced the purchase of 73,064 of its ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. This move is part of a broader strategy to optimize the company’s capital structure and potentially enhance shareholder value. Since the commencement of the programme, Hammerson has acquired a total of 9,684,639 shares, reflecting its commitment to this financial strategy.

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 within the retail sector. The company operates in various markets, including the UK, Ireland, and France, and is known for its portfolio of shopping centers and retail parks.

YTD Price Performance: -2.58%

Average Trading Volume: 936,162

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.33B

For an in-depth examination of HMSO stock, go to TipRanks’ Stock Analysis page.

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