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Hammerson plc R.E.I.T. ( (GB:HMSO) ) has provided an update.
Hammerson plc has announced the continuation of its share buyback program, purchasing 71,919 of its ordinary shares from Morgan Stanley & Co. International plc at an average price of 278.06 pence per share. This initiative, part of a broader strategy initiated in October 2024, underscores Hammerson’s commitment to enhancing shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares. Since the program’s inception, the company has acquired a total of 8,146,077 ordinary shares, reflecting its aggressive approach to capital management and market positioning.
More about Hammerson plc R.E.I.T.
Hammerson plc is a Real Estate Investment Trust (REIT) focused on commercial property development and management, particularly in retail and leisure sectors. The company is known for its operations in the UK and Europe, managing several shopping centers and retail parks.
YTD Price Performance: -0.86%
Average Trading Volume: 1,049,938
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.35B
See more data about HMSO stock on TipRanks’ Stock Analysis page.
