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Hammerson plc R.E.I.T. ( (GB:HMSO) ) just unveiled an announcement.
Hammerson plc has executed a transaction under its share buyback programme, purchasing 60,992 ordinary shares at a volume-weighted average price of 294.14 pence per share. This move, part of a larger buyback initiative that has seen the company repurchase over 15 million shares since October 2024, reflects Hammerson’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:HMSO) stock is a Buy with a £3.20 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 plc’s overall stock score is driven primarily by its moderate technical momentum and high dividend yield. Positive guidance from the latest earnings call and strategic corporate actions provide additional support, despite underlying profitability and cash flow challenges.
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 in the property industry. The company is primarily focused on retail properties, including shopping centers and retail parks, and is known for managing and developing prime retail destinations in key markets.
Average Trading Volume: 1,131,857
Technical Sentiment Signal: Buy
Current Market Cap: £1.4B
For detailed information about HMSO stock, go to TipRanks’ Stock Analysis page.