Hammerson plc R.E.I.T. ( (GB:HMSO) ) just unveiled an announcement.
Hammerson plc announced the purchase of 80,424 ordinary shares as part of its ongoing share buyback program initiated in October 2024. This move, executed through Morgan Stanley & Co. International plc, is part of a broader strategy to optimize capital structure and enhance shareholder value by reducing the number of shares outstanding. The company has acquired a total of 11,422,028 shares since the program’s inception, signaling a strong commitment to returning value to shareholders and potentially improving its market positioning.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) focused on property development and management, primarily dealing with retail properties such as shopping centers and retail parks. The company operates in the UK and has a significant presence in Europe, aiming to enhance the retail experience and drive value through strategic property investments and management.
YTD Price Performance: -9.51%
Average Trading Volume: 1,048,830
Technical Sentiment Signal: Buy
Current Market Cap: £1.23B
For an in-depth examination of HMSO stock, go to TipRanks’ Stock Analysis page.