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Hammerson Executes Share Buyback to Optimize Capital Structure

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An announcement from Hammerson plc R.E.I.T. ( (GB:HMSO) ) is now available.

Hammerson plc has executed a share buyback transaction, purchasing 80,955 of its ordinary shares as part of its ongoing Share Buyback Programme initiated in October 2024. The shares were acquired at a volume-weighted average price of 247.03 pence and will be canceled, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.

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 shopping centers, retail parks, and premium outlets across Europe.

YTD Price Performance: -12.02%

Average Trading Volume: 1,056,339

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.21B

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

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