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The latest update is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).
Hammerson plc has executed a share buyback transaction, purchasing 40,752 of its ordinary shares from Morgan Stanley & Co. International plc as part of its ongoing Share Buyback Programme initiated in October 2024. This move is part of a broader strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
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 of 60 reflects a mix of moderate financial performance challenges, balanced by positive technical indicators and strategic corporate actions. The earnings call provided confidence in future growth, despite current profitability concerns. The ongoing share buyback program also supports shareholder value enhancement.
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 focuses on managing, developing, and investing in retail properties. The company operates primarily in the UK and Europe, aiming to create vibrant retail destinations.
Average Trading Volume: 1,081,580
Technical Sentiment Signal: Buy
Current Market Cap: £1.42B
See more data about HMSO stock on TipRanks’ Stock Analysis page.