Hammerson Executes Share Buyback to Optimize Capital Structure

Hammerson plc R.E.I.T. ( (GB:HMSO) ) has issued an announcement.

Hammerson plc has executed a share buyback transaction as part of its ongoing programme, purchasing 71,775 ordinary shares at an average price of 278.64 pence per share. This move is part of a broader strategy to manage its capital structure, having bought back a total of 14,491,870 shares since October 2024, which could potentially enhance shareholder value by reducing the number of shares outstanding.

The most recent analyst rating on (GB:HMSO) stock is a Hold with a £250.00 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 overall stock score is influenced by positive technical indicators and strategic corporate events, such as share buybacks and acquisitions. However, financial challenges, including profitability issues and a negative P/E ratio, weigh on the overall assessment.

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 within the property industry. The company focuses on the acquisition, development, and management of retail properties, including shopping centers and retail parks, primarily in the UK, Ireland, and France.

Average Trading Volume: 1,189,336

Technical Sentiment Signal: Buy

Current Market Cap: £1.36B

See more insights into HMSO stock on TipRanks’ Stock Analysis page.