Hammerson Advances Share Buyback Programme with New Purchase

Hammerson plc R.E.I.T. ( (GB:HMSO) ) has provided an update.

Hammerson plc has executed a transaction under its share buyback programme, purchasing 73,429 of its ordinary shares at a volume-weighted average price of 269.07 pence per share. This move is part of a larger strategy initiated in October 2024, through which the company has acquired a total of 13,993,737 shares, indicating a strategic effort to enhance shareholder value and optimize 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’s stock score is influenced by strong operational improvements and strategic actions, including share buybacks and asset acquisitions, which support growth. However, financial challenges, including negative earnings, high leverage, and cash flow issues, weigh heavily, affecting the overall 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 operates in the property industry, focusing on retail property management and development. The company is known for its shopping centers and retail parks across the UK and parts of Europe, catering to a diverse range of retail clients.

Average Trading Volume: 1,152,778

Technical Sentiment Signal: Hold

Current Market Cap: £1.29B

Find detailed analytics on HMSO stock on TipRanks’ Stock Analysis page.