Hammerson plc R.E.I.T. ( (GB:HMSO) ) just unveiled an update.
Hammerson plc has executed a share buyback transaction, purchasing 79,273 of its ordinary shares at an average price of 252.29 pence per share. This transaction is part of a broader buyback program initiated in October 2024, through which the company has acquired over 11 million shares to date. The cancellation of these shares is expected to impact the company’s share capital structure, potentially enhancing shareholder value and market positioning.
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 in the retail sector. The company operates in various markets, including the UK and Europe, and is known for its shopping centers and retail properties.
YTD Price Performance: -10.52%
Average Trading Volume: 1,032,882
Technical Sentiment Signal: Buy
Current Market Cap: £1.22B
For an in-depth examination of HMSO stock, go to TipRanks’ Stock Analysis page.