An announcement from Hammerson plc R.E.I.T. ( (GB:HMSO) ) is now available.
Hammerson plc has executed a transaction under its share buyback programme, purchasing 73,735 of its ordinary shares from Morgan Stanley & Co. International plc. This move is part of a larger initiative that began in October 2024, during which the company has acquired a total of 9,831,464 shares. The cancellation of these shares is expected to impact the company’s share capital structure, potentially enhancing shareholder value and reflecting confidence in its market position.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) that operates primarily in the retail property sector. The company focuses on managing, developing, and investing in prime shopping centers, retail parks, and outlets across the UK and Europe.
YTD Price Performance: -2.58%
Average Trading Volume: 971,952
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.33B
For an in-depth examination of HMSO stock, go to TipRanks’ Stock Analysis page.