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Hammerson plc R.E.I.T. (GB:HMSO)
:HMSO

Hammerson plc R.E.I.T. (HMSO) AI Stock Analysis

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Hammerson plc R.E.I.T.

(LSE:HMSO)

50Neutral
Hammerson plc faces significant financial challenges, particularly with profitability and cash flow constraints, reflected in its negative P/E ratio and net losses. The stock's bearish technical indicators further indicate caution. However, strategic efforts in leasing and capital management, including a robust share buyback program, show potential for long-term recovery and shareholder value enhancement.
Positive Factors
Financial Performance
The business has recovered more strongly than expected, driven by higher contributions from variable revenues such as parking and specialty leasing.
Share Performance
Year-to-date, Hammerson shares are up 12%, easily outperforming the ERRA UK REIT Index, which is flat YTD.
Transformational Changes
Hammerson's £595m sale of Value Retail investments marks a new era for the company, allowing it to focus on growing rents and buying-out JV partners using balance sheet capacity created by non-core sales.
Negative Factors
Capital Concerns
The cost of capital remains elevated, which could impact the company's growth as it relies on its ability to reinvest.
Growth Prospects
Hammerson is seen with a relatively low return on capital employed compared to peers, which is a concern for future growth prospects.
Investor Risks
Despite the positive changes, the new price target still implies a downside for the shares, indicating potential risks for investors.

Hammerson plc R.E.I.T. (HMSO) vs. S&P 500 (SPY)

Hammerson plc R.E.I.T. Business Overview & Revenue Model

Company DescriptionHammerson plc is a Real Estate Investment Trust (REIT) that specializes in the ownership, management, and development of retail properties. The company's portfolio includes shopping centers, retail parks, and premium outlets across major cities in the United Kingdom, Ireland, and continental Europe. Hammerson aims to create vibrant retail destinations that offer a mix of shopping, dining, and entertainment experiences, catering to a diverse customer base.
How the Company Makes MoneyHammerson plc generates revenue primarily through rental income from its portfolio of retail properties. The company leases space to a wide range of retail tenants, including international brands, local businesses, and dining establishments. Rental income is typically structured through long-term lease agreements, providing a stable and predictable revenue stream. Additionally, Hammerson enhances its earnings by engaging in strategic property developments and redevelopments, which can increase property values and attract higher rental rates. The company also benefits from partnerships with other real estate investors and developers to co-invest in large-scale projects, sharing both the risks and returns. Furthermore, Hammerson may generate income from the sale of properties when market conditions are favorable, unlocking capital for reinvestment in higher-yielding assets or new developments.

Hammerson plc R.E.I.T. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
163.70M127.80M125.90M127.70M174.40M131.40M
Gross Profit
120.60M84.20M87.90M82.90M94.00M115.90M
EBIT
8.30M-7.90M30.30M12.10M31.20M65.00M
EBITDA
29.70M9.70M-86.50M-5.90M-1.64B-671.70M
Net Income Common Stockholders
-566.90M-51.40M-164.20M-409.30M-1.73B-575.70M
Balance SheetCash, Cash Equivalents and Short-Term Investments
474.50M472.30M218.80M309.70M409.50M28.20M
Total Assets
4.33B4.33B4.54B4.91B5.91B7.32B
Total Debt
1.66B1.67B1.68B1.87B2.31B2.54B
Net Debt
1.19B1.19B1.47B1.56B1.90B2.51B
Total Liabilities
1.87B1.87B1.95B2.17B2.70B2.94B
Stockholders Equity
2.46B2.46B2.59B2.75B3.21B4.38B
Cash FlowFree Cash Flow
-5.30M19.60M33.20M-91.40M-101.10M126.70M
Operating Cash Flow
11.20M38.30M69.60M-70.30M-82.40M167.10M
Investing Cash Flow
106.50M261.30M154.10M336.30M253.10M426.60M
Financing Cash Flow
-173.50M-45.00M-322.70M-363.70M207.50M-593.70M

Hammerson plc R.E.I.T. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price233.80
Price Trends
50DMA
268.94
Negative
100DMA
275.30
Negative
200DMA
283.35
Negative
Market Momentum
MACD
-6.12
Negative
RSI
36.35
Neutral
STOCH
22.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HMSO, the sentiment is Negative. The current price of 233.8 is below the 20-day moving average (MA) of 249.98, below the 50-day MA of 268.94, and below the 200-day MA of 283.35, indicating a bearish trend. The MACD of -6.12 indicates Negative momentum. The RSI at 36.35 is Neutral, neither overbought nor oversold. The STOCH value of 22.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:HMSO.

Hammerson plc R.E.I.T. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBDLN
73
Outperform
£2.06B17.763.29%4.36%3.73%―
71
Outperform
£8.89B14.705.18%4.46%-9.88%―
65
Neutral
£3.59B19.753.17%6.34%-30.83%―
61
Neutral
$4.43B16.13-3.23%11.37%6.25%-21.19%
54
Neutral
£4.00B37.901.61%7.42%-1.73%―
50
Neutral
£1.14B―-2.09%6.57%6.08%―
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:HMSO
Hammerson plc R.E.I.T.
233.80
-33.26
-12.45%
GB:LAND
Land Securities Group plc REIT
539.00
-61.95
-10.31%
GB:SGRO
Segro plc (REIT)
657.20
-181.38
-21.63%
GB:DLN
Derwent London plc REIT
1,834.00
-179.96
-8.94%
GB:BLND
British Land Company plc
359.60
-9.01
-2.44%

Hammerson plc R.E.I.T. Earnings Call Summary

Earnings Call Date: Feb 26, 2025 | % Change Since: -19.21% | Next Earnings Date: Jul 30, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture, with strong balance sheet improvements, revenue growth, and operational efficiency being major highlights. However, challenges such as the decline in Irish valuations, a drop in reported GRI, and a significant IFRS loss were notable lowlights. The company expressed confidence in its strategic positioning and future growth potential.
Highlights
Strong Balance Sheet and Revenue Growth
The company reported a strong balance sheet with an LTV of 30% and significant revenue growth in key areas. Leasing performance was robust with 262 leases signed on 1 million square feet of space generating GBP 41 million of rent, up 2% like-for-like.
Increased Footfall and Sales Performance
The company welcomed 170 million visitors, with footfall up 2%. Sales performance was up 5% in the U.K. and 3% in France. Bullring reported an 11% increase in sales growth, standing out among its peer group.
Operational Efficiency and Cost Reduction
Operational costs were reduced by 16% year-on-year, surpassing guidance. Adjusted earnings came in at GBP 99 million, supported by a 4% increase in dividends.
Positive Leasing and Rental Growth
Leasing activities in January and February 2025 generated more than GBP 9 million, at 10% above previous passing and 11% over ERV. Long-term deals were signed 56% above previous passing and 13% ahead of ERV.
Lowlights
Decline in Irish Valuations and Revenue
Valuations in Ireland were down 13%, attributed to a valuer's interpretation of a distressed debt sale. The like-for-like rental income in Ireland was down 6% due to strong comps and an overrented unit.
Reported GRI Decline and IFRS Loss
Reported GRI was down GBP 21 million year-on-year due to disposals. The IFRS loss was GBP 526 million, with GBP 497 million attributable to Value Retail.
Company Guidance
During the 2024 fiscal year, the company reported significant progress in its strategic realignment and operational performance, achieving a 30% LTV post-reinvestment in the Westquay asset. The leasing activity showed strong results with 262 leases signed on 1 million square feet of space, generating GBP 41 million of rent, a 2% increase like-for-like, and contributing to a long-term visible income stream with GBP 255 million of rent contracted to first break. The company reduced vacancy to less than 5% and achieved long-term deals 56% above previous passing rent and 13% ahead of ERV, resulting in an additional GBP 8 million of passing rent. Valuations increased by 4.2% in the U.K. and 1.5% in France, while Ireland saw a 13% decrease due to a distressed debt sale. Sales grew by 5% in the U.K. and 3% in France, with standout performances like Bullring achieving 11% sales growth. The company also reported a 3% like-for-like GRI growth, excluding assets under repositioning, and adjusted earnings of GBP 99 million, supported by a 16% reduction in costs. Looking ahead, the company anticipates further growth from investments and ongoing acquisitions, with an entry run rate of adjusted earnings at GBP 85 million for 2025, reflecting a disciplined approach to capital allocation and a strong balance sheet with a net debt-to-EBITDA of 5.8x.

Hammerson plc R.E.I.T. Corporate Events

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Boost Shareholder Value
Positive
Apr 7, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing programme, purchasing 83,779 ordinary shares at an average price of 238.69 pence per share. This move is part of a broader strategy to enhance shareholder value, having repurchased a total of 11,748,173 shares since the programme’s inception, potentially impacting the company’s stock liquidity and market perception.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Optimize Capital Structure
Positive
Apr 4, 2025

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.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme with Latest Purchase
Positive
Apr 3, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing Share Buyback Programme, purchasing 81,726 ordinary shares at an average price of 244.69 pence per share. This move is part of a larger initiative that has seen the company repurchase over 11.5 million shares since October 2024, reflecting its strategy to enhance shareholder value by reducing the number of shares in circulation.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme with Latest Purchase
Positive
Apr 2, 2025

Hammerson plc has announced the purchase of 79,685 of its own ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. The shares were bought at a volume-weighted average price of 248.65 pence and will be canceled, contributing to the total of 11,501,713 shares repurchased since the programme’s inception. This move is part of Hammerson’s strategy to enhance shareholder value and optimize its capital structure.

Stock BuybackBusiness Operations and StrategyRegulatory Filings and Compliance
Hammerson Completes Share Buyback, Updates Voting Rights
Positive
Apr 1, 2025

Hammerson plc has announced the completion of a share buyback program, resulting in the cancellation of 395,192 ordinary shares. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value. The total number of voting rights now stands at 487,584,131, which shareholders should use for regulatory calculations. This update has been shared on multiple stock exchanges, indicating Hammerson’s commitment to transparency and regulatory compliance.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Advances Share Buyback Program with Latest Purchase
Positive
Apr 1, 2025

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.

Regulatory Filings and Compliance
Hammerson Announces Total Voting Rights and Share Capital Update
Neutral
Mar 31, 2025

Hammerson plc announced its total issued share capital as of 31 March 2025, consisting of 489,280,148 ordinary shares, with 1,300,825 shares held in treasury. This results in 487,979,323 voting rights, a key figure for shareholders to determine their notification requirements under regulatory rules. The announcement was also made available on the Johannesburg Stock Exchange and Euronext Dublin, indicating its significance for stakeholders across multiple markets.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 31, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing Share Buyback Programme, purchasing 79,400 ordinary shares at a volume-weighted average price of 251.88 pence per share. This move is part of a larger effort since October 2024, during which the company has repurchased over 11 million shares, reflecting its strategy to enhance shareholder value and optimize its capital structure.

Executive/Board ChangesBusiness Operations and Strategy
Hammerson’s Adam Metz Appointed Interim CEO of Seritage
Positive
Mar 28, 2025

Hammerson plc, a real estate investment trust, announced that Adam Metz, an independent non-executive director of the company, has been appointed as the Interim CEO and President of Seritage Growth Properties, effective from April 11, 2025. This appointment reflects Metz’s ongoing role as Seritage’s Board Chairman and his experience as an independent board member since 2022, potentially strengthening the strategic leadership at Seritage and impacting its operations positively.

Stock Buyback
Hammerson Executes Share Buyback as Part of Ongoing Program
Positive
Mar 28, 2025

Hammerson plc has executed a share buyback transaction, purchasing 79,273 of its ordinary shares at an average price of 252.29 pence per share. This transaction is part of a broader buyback program initiated in October 2024, through which the company has acquired over 11 million shares to date. The cancellation of these shares is expected to impact the company’s share capital structure, potentially enhancing shareholder value and market positioning.

Business Operations and StrategyRegulatory Filings and Compliance
Hammerson plc Announces Vesting and Exercise of Share Options by Key Executives
Neutral
Mar 27, 2025

Hammerson plc announced the vesting and exercise of nil-cost options over ordinary shares under its Deferred Bonus Share Scheme by key managerial personnel. The transactions, which involved the sale of some shares to cover tax liabilities, were conducted in compliance with the UK Market Abuse Regulation. This move reflects the company’s ongoing efforts to align management incentives with shareholder interests, potentially impacting the company’s operational focus and stakeholder confidence.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 27, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing programme, purchasing 78,875 ordinary shares at a volume-weighted average price of 253.52 pence per share. This move is part of a broader strategy to enhance shareholder value, with the company having repurchased over 11 million shares since October 2024, potentially impacting its market positioning and shareholder dynamics.

Stock BuybackBusiness Operations and Strategy
Hammerson Enhances Shareholder Value with Continued Share Buyback
Positive
Mar 26, 2025

Hammerson plc has announced the purchase of 79,063 of its own ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. This move is part of a broader strategy to enhance shareholder value, with the company having repurchased over 11 million shares since the programme’s inception. The cancellation of these shares is expected to impact the company’s share capital structure, potentially leading to a more favorable market perception and increased shareholder returns.

Stock BuybackBusiness Operations and Strategy
Hammerson Enhances Shareholder Value with Continued Share Buyback
Positive
Mar 25, 2025

Hammerson plc has announced the purchase of 78,581 of its ordinary shares as part of its ongoing share buyback programme initiated in October 2024. The company intends to cancel these shares, a move that could potentially enhance shareholder value by reducing the number of shares outstanding. Since the start of the buyback programme, Hammerson has repurchased over 11 million shares, indicating a significant commitment to this strategy. This action reflects Hammerson’s focus on optimizing its capital structure and delivering value to its stakeholders.

Executive/Board ChangesRegulatory Filings and Compliance
Hammerson plc Announces Share Awards Vesting for Key Executives
Neutral
Mar 25, 2025

Hammerson plc announced the vesting of awards over ordinary shares under its Restricted Share Scheme and Plan, which were granted to key executives. The shares were partially sold to cover tax liabilities, with the remainder retained by the executives. This transaction aligns with regulatory requirements and reflects the company’s ongoing commitment to aligning managerial interests with shareholder value.

Stock BuybackRegulatory Filings and Compliance
Hammerson Completes Share Buyback, Updates Voting Rights
Neutral
Mar 25, 2025

Hammerson plc announced the completion of a share buyback program, resulting in the cancellation of 381,660 ordinary shares. This action adjusts the company’s total voting rights to 487,979,323, impacting shareholder calculations under regulatory guidelines. The announcement was also shared on the Johannesburg Stock Exchange and Euronext Dublin, reflecting the company’s ongoing commitment to transparency and shareholder engagement.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Continues Share Buyback Programme
Positive
Mar 24, 2025

Hammerson plc has announced the purchase of 64,907 of its ordinary shares as part of its ongoing share buyback programme, which began on 16 October 2024. The shares were acquired at a volume-weighted average price of 254.96 pence per share and will be canceled, contributing to a total of 10,946,412 shares repurchased since the programme’s inception. This move is part of Hammerson’s strategy to enhance shareholder value and optimize its capital structure.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Advances Share Buyback Programme with Recent Purchase
Positive
Mar 21, 2025

Hammerson plc has announced the purchase and subsequent cancellation of 78,717 of its ordinary shares 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, reflecting the company’s commitment to optimizing its financial operations and market positioning.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback as Part of Capital Strategy
Positive
Mar 20, 2025

Hammerson plc has executed a share buyback transaction, purchasing 79,247 of its ordinary shares from Morgan Stanley & Co. International plc as part of its ongoing Share Buyback Programme initiated in October 2024. The company intends to cancel the acquired shares, which is part of a broader strategy to manage its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback as Part of Capital Strategy
Neutral
Mar 19, 2025

Hammerson plc, a real estate investment trust, has executed a share buyback transaction as part of its ongoing program announced in October 2024. The company purchased 79,091 of its ordinary shares at a volume-weighted average price of 252.87 pence per share, with plans to cancel the acquired shares. This move is part of a broader strategy to manage its capital structure, having bought over 10.7 million shares since the program’s inception.

Stock BuybackRegulatory Filings and Compliance
Hammerson Completes Share Buyback, Adjusts Voting Rights
Neutral
Mar 18, 2025

Hammerson plc announced the completion of a share buyback program, resulting in the cancellation of 412,478 ordinary shares. This move adjusts the company’s total voting rights to 488,360,983, impacting shareholder calculations under regulatory guidelines. The announcement has been disseminated across multiple stock exchanges, indicating its significance to stakeholders.

Executive/Board ChangesBusiness Operations and Strategy
Hammerson Aligns Executive Incentives with Shareholder Interests
Neutral
Mar 18, 2025

Hammerson plc announced the granting of awards over ordinary shares to its key executives under its share plans. This move, in line with the UK Market Abuse Regulation, reflects the company’s strategy to align management incentives with shareholder interests, potentially impacting its market positioning by enhancing executive commitment and performance.

Shareholder MeetingsFinancial DisclosuresRegulatory Filings and Compliance
Hammerson Releases 2024 Annual Report and AGM Notice
Neutral
Mar 18, 2025

Hammerson plc has released its 2024 Annual Report and Financial Statements, along with the Notice of the 2025 Annual General Meeting (AGM) and Form of Proxy for South Africa. These documents are now available to shareholders through various platforms, including the company’s website and the UK National Storage Mechanism. The AGM is scheduled for 15 May 2025 in London, with voting procedures outlined for shareholders. The company emphasizes the importance of shareholder engagement and provides avenues for submitting questions ahead of the AGM. This release is part of Hammerson’s ongoing commitment to transparency and regulatory compliance, ensuring stakeholders are well-informed about the company’s financial health and governance practices.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Executes Share Buyback to Optimize Capital Structure
Positive
Mar 18, 2025

Hammerson plc has announced the purchase of 79,698 of its own ordinary shares as part of a share buyback program initiated in October 2024. The shares were acquired at prices ranging from 248.20 to 250.40 pence and will be cancelled, reducing the total number of shares in circulation. This move is part of a broader strategy to optimize capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback, Cancels Over 81,000 Shares
Neutral
Mar 17, 2025

Hammerson plc has executed a transaction under its share buyback programme, purchasing 81,071 of its ordinary shares from Morgan Stanley & Co. International plc. The shares were bought at prices ranging from 244.00 to 248.80 pence and will be canceled, contributing to a total of 10,564,752 shares repurchased since the programme’s inception. This move is part of Hammerson’s strategy to manage its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Advances Share Buyback Programme with Latest Purchase
Positive
Mar 14, 2025

Hammerson plc has executed a share buyback transaction, purchasing 81,127 of its ordinary shares as part of its ongoing Share Buyback Programme initiated in October 2024. The shares were bought at a volume-weighted average price of 246.45 pence and will be canceled, contributing to a total of 10,483,681 shares repurchased since the program’s inception. This move is part of Hammerson’s strategic financial management, potentially enhancing shareholder value by reducing the number of shares in circulation.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 13, 2025

Hammerson plc has executed a share buyback transaction, purchasing 79,656 of its ordinary shares as part of its ongoing buyback program initiated in October 2024. The shares, bought at an average price of 251.04 pence, will be canceled, reducing the total number of shares in circulation. This move is part of a larger strategy, with over 10 million shares repurchased since the program’s inception, potentially enhancing shareholder value by increasing earnings per share and demonstrating confidence in the company’s financial health.

Stock BuybackBusiness Operations and Strategy
Hammerson Enhances Shareholder Value with Continued Share Buyback
Positive
Mar 12, 2025

Hammerson plc announced the purchase of 78,308 ordinary shares as part of its ongoing share buyback programme, initiated on 16 October 2024. This transaction, executed through Morgan Stanley & Co. International plc, is part of a broader strategy to enhance shareholder value, with a total of 10,322,898 shares repurchased since the programme’s inception. The cancellation of these shares is expected to positively impact the company’s financial metrics and market positioning.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Continues Share Buyback Programme
Positive
Mar 11, 2025

Hammerson plc has executed a share buyback transaction, purchasing 92,316 of its ordinary shares at an average price of 256.95 pence per share as part of its ongoing Share Buyback Programme initiated in October 2024. This move is part of a broader strategy to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and providing a positive signal to the market about the company’s financial health.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme with Latest Purchase
Positive
Mar 6, 2025

Hammerson plc has announced the purchase of 76,373 of its ordinary shares as part of its ongoing share buyback programme initiated in October 2024. The company intends to cancel these shares, which is part of a broader strategy to enhance shareholder value by reducing the number of shares outstanding. Since the start of the programme, Hammerson has repurchased nearly 10 million shares, indicating a significant commitment to this financial strategy.

Stock Buyback
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 5, 2025

Hammerson plc has executed a share buyback transaction, purchasing 74,612 of its ordinary shares at an average price of 268.05 pence per share. This move is part of a larger share buyback programme initiated in October 2024, under which the company has acquired a total of 9,906,076 shares. The cancellation of these shares is expected to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and signaling confidence in the company’s financial health.

Stock BuybackRegulatory Filings and Compliance
Hammerson Completes Share Buyback, Adjusts Voting Rights
Neutral
Mar 4, 2025

Hammerson plc announced the completion of a share buyback program where 350,071 ordinary shares were purchased and immediately canceled. This action adjusts the company’s total voting rights, now standing at 489,168,006, which shareholders should use for calculating their interests under relevant regulations.

Regulatory Filings and Compliance
Hammerson plc Directors Acquire Significant Shareholdings
Positive
Mar 4, 2025

Hammerson plc announced that Habib Annous, a Non-Executive Director and a Person Discharging Managerial Responsibilities, purchased 20,756 ordinary shares, while Shan Annous, closely associated with Habib Annous, acquired 55,050 shares. These transactions, conducted on the London Stock Exchange, are part of regulatory compliance with the UK Market Abuse Regulation, reflecting confidence in the company’s market position and potential future performance.

Stock Buyback
Hammerson Executes Share Buyback, Cancels Shares
Positive
Mar 4, 2025

Hammerson plc has executed a transaction under its share buyback programme, purchasing 73,735 of its ordinary shares from Morgan Stanley & Co. International plc. This move is part of a larger initiative that began in October 2024, during which the company has acquired a total of 9,831,464 shares. The cancellation of these shares is expected to impact the company’s share capital structure, potentially enhancing shareholder value and reflecting confidence in its market position.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 3, 2025

Hammerson plc has executed a transaction to repurchase 73,090 of its own ordinary shares as part of a previously announced share buyback programme. The shares were purchased at a volume-weighted average price of 273.15 pence per share and will be canceled, reducing the total number of shares outstanding. This move is part of a broader strategy to enhance shareholder value and optimize the company’s capital structure.

Regulatory Filings and Compliance
Hammerson Announces Share Capital and Voting Rights Update
Neutral
Feb 28, 2025

Hammerson plc has announced its total issued share capital as of 28 February 2025, which consists of 490,818,902 ordinary shares, with 1,300,825 shares held in treasury. The total number of voting rights stands at 489,518,077, which is crucial for shareholders to determine their notification requirements under regulatory guidelines. This announcement has been disseminated across multiple stock exchanges, reflecting its significance for stakeholders.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme with New Purchase
Positive
Feb 28, 2025

Hammerson plc has announced the purchase of 73,064 of its ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. This move is part of a broader strategy to optimize the company’s capital structure and potentially enhance shareholder value. Since the commencement of the programme, Hammerson has acquired a total of 9,684,639 shares, reflecting its commitment to this financial strategy.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback as Part of Capital Strategy
Neutral
Feb 27, 2025

Hammerson plc has executed a share buyback transaction, purchasing 72,816 of its ordinary shares as part of its ongoing buyback programme initiated in October 2024. This move, which involves the cancellation of the purchased shares, is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Feb 26, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing Share Buyback Programme, purchasing 62,054 ordinary shares at an average price of 290.07 pence per share. This move is part of a broader strategy to optimize capital structure and enhance shareholder value, with a total of 9,538,759 shares repurchased since the program’s inception in October 2024.

Dividends
Hammerson Proposes Final Dividend for 2024
Positive
Feb 26, 2025

Hammerson plc has announced a proposed final cash dividend of 8.07 pence per ordinary share for the period ending December 31, 2024, pending shareholder approval at the 2025 Annual General Meeting. The dividend will be paid as a non-Property Income Distribution and is available through a Dividend Reinvestment Plan (DRIP) for shareholders wishing to receive shares instead of cash. The announcement outlines a detailed timetable for the dividend’s payment process, highlighting key dates for shareholders in the UK and South Africa. This move reflects Hammerson’s commitment to returning value to its shareholders, despite the challenging retail market environment.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Hammerson plc Reports Transformative 2024 with Strategic Realignment and Growth
Positive
Feb 26, 2025

Hammerson plc reported a transformative year in 2024, marked by strategic realignment and significant financial achievements. The company completed the sale of Value Retail and other non-core disposals, raising £1.5 billion to strengthen its capital structure and invest in growth. Hammerson’s focus on high-quality assets in vibrant European cities has positioned it to benefit from market trends such as the demand for fewer, more productive stores and the increasing relevance of physical retail experiences. The company achieved record leasing performance, with occupancy rates exceeding 95% and footfall and sales surpassing national benchmarks. Despite a reported IFRS loss due to impairments, Hammerson’s balance sheet remains strong, with net debt reduced by 40%. The company is optimistic about future growth, driven by ongoing investments and a robust pipeline of new leases.

Stock BuybackBusiness Operations and Strategy
Hammerson Completes Share Buyback, Adjusts Voting Rights
Neutral
Feb 25, 2025

Hammerson plc has announced the completion of a share buyback program, resulting in the cancellation of 323,866 ordinary shares. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value. Following this transaction, the total number of voting rights in the company is now 489,518,077, which stakeholders should use for regulatory calculations regarding their shareholdings.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Executes Share Buyback to Enhance Shareholder Value
Positive
Feb 25, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing programme announced in October 2024, purchasing 69,047 ordinary shares at an average price of 289.65 pence each. This move is part of a broader strategy to enhance shareholder value, with a total of 9,476,705 shares repurchased since the programme’s inception, potentially impacting the company’s market positioning and shareholder equity.

Stock Buyback
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Feb 24, 2025

Hammerson plc has announced the execution of its share buyback programme, initially revealed in October 2024, by purchasing 61,894 of its own ordinary shares at an average price of 290.82 pence per share. This strategic move, part of a larger initiative that has seen the acquisition of over 9.4 million shares, aims to enhance shareholder value by reducing the number of outstanding shares, thus potentially increasing earnings per share and solidifying its market position.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Advances Share Buyback Programme
Neutral
Feb 21, 2025

Hammerson plc has announced the purchase of 69,109 of its ordinary shares as part of its ongoing share buyback programme. The transaction was conducted with Morgan Stanley & Co. International plc and is part of a larger initiative that has seen the company acquire over 9 million shares since October 2024. This strategic move is likely to impact the company’s share capital structure and could influence market perceptions and investor confidence.

Stock Buyback
Hammerson plc Advances Share Buyback Programme with Latest Purchase
Positive
Feb 20, 2025

Hammerson plc announced a recent purchase of 69,234 ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. The company aims to enhance shareholder value through this strategy by canceling the bought-back shares, which cumulatively reached over 9 million shares since the programme’s inception. This move reflects Hammerson’s commitment to optimizing its capital structure and potentially indicates confidence in its long-term market performance.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme with New Purchase
Positive
Feb 20, 2025

Hammerson plc announced a purchase of 69,234 ordinary shares as part of its ongoing share buyback programme. This move, part of a strategy outlined in October 2024, aims to enhance shareholder value by reducing the number of shares in circulation. The company has already acquired a total of 9,276,655 shares through this programme, which may positively impact its stock valuation and market perception.

Stock BuybackBusiness Operations and Strategy
Hammerson Completes Share Buyback, Updates Voting Rights
Neutral
Feb 19, 2025

Hammerson plc announced the completion of a share buyback program, resulting in the cancellation of 313,028 ordinary shares. This action reflects the company’s ongoing efforts to optimize its capital structure. Following this buyback, the total number of voting rights in Hammerson stands at 489,841,943, a critical figure for shareholders calculating changes in their interest in the company.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback in Capital Management Strategy
Positive
Feb 18, 2025

Hammerson plc has executed a share buyback transaction as part of its previously announced programme, purchasing 61,832 of its ordinary shares on 17 February 2025. The buyback is part of a broader strategy initiated in October 2024, which has resulted in the acquisition of over 9 million shares, reflecting the company’s commitment to enhancing shareholder value through capital management.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Optimize Capital Structure
Positive
Feb 17, 2025

Hammerson plc has executed a share buyback transaction, purchasing 60,229 ordinary shares at a volume weighted average price of 292.40 pence each from Morgan Stanley & Co. International plc, as part of its ongoing share buyback programme initiated in October 2024. This move is part of the company’s strategy to manage its capital structure, and the purchased shares will be canceled, reducing the total number of outstanding shares and potentially enhancing shareholder value.

Stock BuybackBusiness Operations and Strategy
Hammerson Continues Share Buyback Programme
Positive
Feb 14, 2025

Hammerson plc announced the purchase of 60,441 ordinary shares as part of its ongoing share buyback programme, initiated in October 2024. The shares, purchased at an average price of 291.52 pence each, will be cancelled, reducing the company’s share capital. This move is part of Hammerson’s strategy to optimize its capital structure and enhance shareholder value, having repurchased over 9 million shares since the programme’s inception.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Feb 13, 2025

Hammerson plc has executed a share buyback transaction, purchasing 61,686 of its ordinary shares as part of its ongoing Share Buyback Programme. This initiative, which began on 16 October 2024, aims to enhance shareholder value by reducing the number of outstanding shares and has so far led to the repurchase of 8,963,122 shares. The move reflects the company’s strategic financial management to optimize its capital structure and potentially improve earnings per share.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Advances Share Buyback Programme
Positive
Feb 12, 2025

Hammerson plc has executed a share buyback as part of its ongoing Share Buyback Programme, purchasing 68,764 ordinary shares at a volume-weighted average price of 289.72 pence each. This action, aligned with its strategy to optimize capital structure, indicates Hammerson’s focus on enhancing shareholder value amidst challenging retail market conditions.

Stock Buyback
Hammerson Completes Share Buyback, Adjusts Voting Rights
Neutral
Feb 12, 2025

Hammerson plc announced the completion of a share buyback program, resulting in the purchase and cancellation of 340,883 ordinary shares. This transaction affects the company’s issued share capital, now totaling 491,455,796 ordinary shares with 490,154,971 voting rights available to stakeholders, influencing their voting power and investment calculations.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Strategic Share Buyback Program
Positive
Feb 11, 2025

Hammerson plc has executed a share buyback program, purchasing 61,908 of its ordinary shares at an average price of 290.74 pence per share on 10 February 2025. This action is part of a broader strategy initiated in October 2024, which has seen the company buy back a total of 8,832,672 shares, a move that may positively impact shareholder value and market perception by reducing the number of shares available and potentially increasing earnings per share.

Business Operations and StrategyRegulatory Filings and Compliance
Hammerson Reports Change in BlackRock’s Voting Rights
Neutral
Feb 10, 2025

Hammerson plc has announced a notification regarding BlackRock, Inc.’s acquisition or disposal of voting rights in the company. The announcement indicates that BlackRock’s voting rights have decreased from 8.24% to 7.63% as of February 7, 2025. This change in shareholding could affect Hammerson’s shareholder structure and potentially impact its strategic decisions, reflecting ongoing shifts in investor confidence and engagement within the commercial real estate sector.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Executes Share Buyback Programme to Strengthen Market Position
Positive
Feb 10, 2025

Hammerson plc, a real estate investment trust, has announced a purchase of 68,843 of its own shares as part of a share buyback programme initiated in October 2024. The shares were acquired at prices ranging from 286.40 to 294.40 pence per share, with an average price of 289.29 pence. The company plans to cancel these shares, which is part of a larger programme that has seen the acquisition of 8,770,764 shares since its inception. This move reflects Hammerson’s strategic focus on optimizing its capital structure, potentially enhancing shareholder value and strengthening its market position.

Stock Buyback
Hammerson Continues Share Buyback Program with Latest Purchase
Positive
Feb 7, 2025

Hammerson plc announced the continuation of its share buyback program, initially introduced in October 2024, by purchasing 61,655 of its ordinary shares from Morgan Stanley & Co. International plc on 6 February 2025. The shares were bought at prices ranging from 289.60 to 294.40 pence per share, with a volume-weighted average price of 291.92 pence. This initiative reflects Hammerson’s commitment to optimizing its capital structure and returning value to shareholders by reducing the number of shares in circulation.

Stock Buyback
Hammerson Advances Share Buyback Program with Recent Share Purchase
Positive
Feb 6, 2025

Hammerson plc announced a purchase of 67,843 of its own ordinary shares as part of a share buyback program initiated in October 2024. The shares, bought at an average weighted price of 285.55 pence, will be canceled, reflecting the company’s ongoing effort to manage its capital structure efficiently. Since the program’s inception, Hammerson has repurchased a total of 8,640,266 shares, highlighting its commitment to returning value to shareholders and potentially enhancing its stock market performance.

Stock Buyback
Hammerson plc Continues Share Buyback Programme with Latest Purchase
Positive
Feb 5, 2025

Hammerson plc announced the purchase of 71,116 of its own ordinary shares as part of a share buyback programme initiated on 16 October 2024. The transaction, executed with Morgan Stanley & Co. International plc, involved cancelling the acquired shares, contributing to a total of 8,572,423 shares repurchased since the programme’s inception. This move is likely aimed at consolidating shareholder value and optimizing capital structure, which could have implications for the company’s market position and stakeholder interests.

Stock BuybackRegulatory Filings and Compliance
Hammerson Concludes Share Buyback Programme, Updates Voting Rights
Neutral
Feb 4, 2025

Hammerson plc has announced the completion of a share buyback program, resulting in the purchase and cancellation of 355,723 ordinary shares. This activity affects the company’s total voting rights, with a new figure of 490,495,854 voting rights, which stakeholders should use to assess their shareholdings or changes therein under relevant transparency regulations.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Executes Share Buyback to Enhance Shareholder Value
Positive
Feb 4, 2025

Hammerson plc announced a recent transaction under its share buyback programme, purchasing 71,426 of its ordinary shares at a volume weighted average price of 280 pence per share from Morgan Stanley & Co. International plc. This move is part of a larger initiative since October 2024, during which Hammerson has acquired a total of 8,501,307 shares, indicating a strategic effort to consolidate its share capital, possibly aiming to enhance shareholder value and improve financial metrics.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Value
Neutral
Feb 3, 2025

Hammerson plc has executed a share buyback transaction as part of its share buyback programme initially announced on 16 October 2024. On 31 January 2025, the company purchased 70,553 of its ordinary shares from Morgan Stanley & Co. International plc at prices between 280.60 and 285.00 pence per share, with a volume-weighted average price of 283.20 pence. The acquired shares will be cancelled, contributing to a total of 8,429,881 shares repurchased since the start of the programme. This strategic move may impact the company’s share value and offer potential benefits to its stakeholders by reducing the number of shares in circulation.

Stock Buyback
Hammerson Advances Share Buyback with Latest Purchase
Neutral
Feb 3, 2025

Hammerson plc has announced a transaction involving the repurchase of 70,553 ordinary shares as part of its ongoing share buyback programme initiated on 16 October 2024. The shares were bought at a volume-weighted average price of 283.20 pence per share, and the company intends to cancel these shares. Since the inception of the buyback programme, Hammerson has repurchased a total of 8,429,881 shares, reflecting its commitment to managing shareholder value and optimizing its capital structure.

Regulatory Filings and Compliance
Hammerson Announces Total Voting Rights and Capital Update
Neutral
Jan 31, 2025

Hammerson plc announced that its total issued share capital as of January 31, 2025, is comprised of 492,152,402 ordinary shares with 1,300,825 shares held in treasury, resulting in 490,851,577 voting rights. This update is crucial for shareholders to correctly calculate and report changes in their shareholdings in compliance with regulatory requirements. The announcement was also shared via the Johannesburg Stock Exchange and Euronext Dublin, reflecting its importance and compliance with international transparency standards.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback, Cancels Acquired Shares
Positive
Jan 31, 2025

Hammerson plc has announced a recent transaction under its share buyback programme, initially disclosed in October 2024. The company purchased 71,050 of its ordinary shares, with prices ranging between 277.00 and 284.00 pence and a volume-weighted average price of 281.49 pence per share, from Morgan Stanley & Co. International plc. The acquired shares will be canceled, reflecting Hammerson’s strategic approach to enhancing shareholder value. Since the programme’s inception, Hammerson has repurchased over 8 million shares, signaling a commitment to optimizing its capital structure and potentially improving its stock market performance.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme
Positive
Jan 30, 2025

Hammerson plc announced the purchase of 71,479 ordinary shares as part of its ongoing share buyback programme initiated on 16 October 2024. This move is part of a larger effort to enhance shareholder value, having acquired a total of 8,288,278 shares since the programme’s inception. The repurchased shares will be canceled, potentially improving earnings per share and overall shareholder returns. This action underscores Hammerson’s strategic focus on optimizing its capital structure in a competitive real estate market.

Financial Disclosures
Hammerson to Announce 2024 Full-Year Financial Results on February 26
Neutral
Jan 29, 2025

Hammerson plc announced that it will release its full-year financial results for 2024 on February 26, 2025. The announcement includes a consensus forecast for the company’s adjusted earnings and EPS for the year, compiled from multiple financial analysts. This announcement emphasizes Hammerson’s transparency and engagement with its stakeholders, providing insights into its anticipated financial performance, which could influence investor sentiment and market dynamics.

Stock Buyback
Hammerson Enhances Shareholder Value with Share Buyback
Positive
Jan 29, 2025

Hammerson plc announced the purchase of 70,722 of its ordinary shares as part of its ongoing share buyback programme, which began in October 2024. This transaction is part of the company’s efforts to manage its capital structure and potentially enhance shareholder value by reducing the number of outstanding shares, signaling confidence in its financial position and future prospects.

Stock BuybackBusiness Operations and Strategy
Hammerson Enhances Shareholder Value through Continued Share Buyback
Positive
Jan 28, 2025

Hammerson plc has announced the continuation of its share buyback program, purchasing 71,919 of its ordinary shares from Morgan Stanley & Co. International plc at an average price of 278.06 pence per share. This initiative, part of a broader strategy initiated in October 2024, underscores Hammerson’s commitment to enhancing shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares. Since the program’s inception, the company has acquired a total of 8,146,077 ordinary shares, reflecting its aggressive approach to capital management and market positioning.

Other
Hammerson Sees Increase in Major Shareholder’s Voting Rights
Neutral
Jan 27, 2025

Hammerson plc announced a change in major holdings, as Coronation Fund Managers, headquartered in Cape Town, South Africa, increased its voting rights in the company from 6.13% to 7.13%, equating to 35,013,304 voting rights. This shift in ownership may impact Hammerson’s shareholder dynamics and influence future strategic decisions.

Stock Buyback
Hammerson Announces Share Buyback Progress
Neutral
Jan 27, 2025

Hammerson plc, a Real Estate Investment Trust, has announced a transaction in its own shares as part of a share buyback program initiated on 16 October 2024. The company purchased 71,605 ordinary shares from Morgan Stanley & Co. International plc, with the highest price paid per share being 286 pence and the lowest at 274 pence. Since the initiation of the program, Hammerson has bought back a total of 8,074,158 shares, which will be canceled, potentially impacting the company’s share value and benefiting existing shareholders.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme with New Purchases
Positive
Jan 24, 2025

Hammerson plc has continued its share buyback program, purchasing 70,661 of its own ordinary shares at an average price of 283.04 pence each, as part of a broader initiative announced in October 2024. This transaction, which involves the cancellation of the purchased shares, reflects Hammerson’s strategic financial management efforts aimed at optimizing shareholder value, and signifies a commitment to maintaining a robust market presence amid industry challenges.

Stock BuybackBusiness Operations and Strategy
Hammerson Enhances Shareholder Value with Continued Share Buyback
Positive
Jan 23, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing programme, purchasing 70,405 ordinary shares at prices ranging from 282.80 to 285.80 pence. This move is in line with their strategy to enhance shareholder value, with a total of 7,931,892 shares repurchased since the programme’s initiation in October 2024.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Advances Share Buyback Initiative
Positive
Jan 22, 2025

Hammerson plc has executed a share buyback program, purchasing 70,344 of its ordinary shares from Morgan Stanley & Co. International plc at a volume-weighted average price of 284.31 pence. The company intends to cancel these shares, part of a larger initiative since October 2024, where a total of 7,861,487 ordinary shares have been repurchased, highlighting a strategic move to consolidate shares and potentially enhance shareholder value.

Stock Buyback
Hammerson Executes Share Buyback as Part of Ongoing Program
Neutral
Jan 21, 2025

Hammerson plc has executed a share buyback transaction as part of its previously announced program, purchasing 70,403 ordinary shares at a volume-weighted average price of 284.08 pence. This buyback, continuing from October 2024, has seen the company acquire a total of 7,791,143 shares, which are to be cancelled, impacting the company’s share structure and potentially enhancing shareholder value.

Stock Buyback
Hammerson Executes Share Buyback Amidst Ongoing Programme
Neutral
Jan 20, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing buyback programme initiated in October 2024. The company purchased 70,309 ordinary shares at an average price of 284.14 pence per share, which will subsequently be canceled. Since the programme’s inception, Hammerson has repurchased a total of 7,720,740 shares, reflecting a strategic move to optimize capital structure and potentially enhance shareholder value.

Hammerson Executes Share Buyback, Cancels 70,778 Shares
Jan 17, 2025

Hammerson plc has announced the purchase of 70,778 of its ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. The shares were bought at a volume-weighted average price of 282.37 pence and will be cancelled, reflecting the company’s strategy to manage share capital effectively and potentially enhance shareholder value.

Hammerson plc Announces Change in Voting Rights Ownership
Jan 16, 2025

Hammerson plc, a UK-based real estate investment trust, announced a change in voting rights ownership following an acquisition by Coronation Fund Managers. The transaction increased Coronation’s voting rights in Hammerson to 6.13%, up from a previous 5.04%, reflecting a significant shift in shareholder composition. This adjustment may impact the company’s decision-making processes and influence its strategic direction due to the increased influence of Coronation Fund Managers.

Hammerson Enhances Shareholder Value with Share Buyback
Jan 16, 2025

Hammerson plc has executed a share buyback transaction, purchasing 32,883 of its ordinary shares from Morgan Stanley & Co. International plc, as part of its ongoing share buyback programme announced in October 2024. This strategic move, involving the cancellation of purchased shares, is part of Hammerson’s efforts to enhance shareholder value, reflecting positively on their market confidence and financial strategy.

Hammerson Completes Share Buyback Program
Jan 15, 2025

Hammerson plc, a real estate investment trust, announced the completion of a share buyback program where 371,241 ordinary shares were purchased and subsequently cancelled. This move is part of Hammerson’s capital management strategy, affecting the total voting rights, which now stand at 491,526,382, impacting shareholders’ calculations of their holdings.

Hammerson Executes Share Buyback as Part of Ongoing Program
Jan 15, 2025

Hammerson plc has executed a share buyback transaction, purchasing 73,335 ordinary shares at prices ranging from 268.00 to 275.40 pence, as part of a previously announced buyback program. The company plans to cancel these shares, and since the initiation of the program, it has purchased over 7.5 million shares, potentially impacting the company’s share capital structure and shareholder value.

Hammerson Sees Shift in Shareholder Voting Rights
Jan 14, 2025

Hammerson plc has announced a change in the voting rights of its shares due to an acquisition or disposal by Coronation Fund Managers, a South African asset management firm. As of January 9, 2025, Coronation Fund Managers holds 5.039% of voting rights in Hammerson, up from a previous position of 4.005%. This change, notified on January 13, 2025, reflects a significant shift in shareholder influence within the company, potentially impacting Hammerson’s strategic decisions and market positioning.

Hammerson plc Continues Share Buyback Programme
Jan 14, 2025

Hammerson plc announced the purchase of 74,082 of its ordinary shares as part of its ongoing share buyback programme, initiated in October 2024. The buyback is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially improving earnings per share and boosting investor confidence.

Hammerson Advances Capital Strategy with Share Buyback
Jan 13, 2025

Hammerson plc has announced the purchase of 74,505 ordinary shares as part of its ongoing share buyback programme, initiated on 16 October 2024. This transaction, facilitated through Morgan Stanley & Co. International plc, is part of Hammerson’s strategic efforts to manage its capital structure, potentially increasing shareholder value by reducing the number of shares in circulation. The purchased shares will be canceled, which could positively impact the company’s stock value by decreasing supply in the market.

Hammerson plc Continues Share Buyback with New Purchase
Jan 10, 2025

Hammerson plc has executed a purchase of 75,751 ordinary shares as part of its ongoing share buyback programme announced in October 2024. This move, which involves cancelling the purchased shares, is part of a broader strategy where Hammerson has acquired over 7.3 million shares since the programme’s inception, potentially impacting shareholder value and market positioning.

Hammerson Executes Share Buyback to Enhance Shareholder Value
Jan 9, 2025

Hammerson plc has executed a share buyback program, purchasing 75,522 of its ordinary shares at a volume-weighted average price of 264.81 pence per share from Morgan Stanley & Co. International plc. This transaction is part of a larger buyback initiative announced in October 2024, with a total of 7,249,097 shares acquired since then. The repurchased shares will be canceled, potentially enhancing shareholder value and improving capital allocation efficiency.

Hammerson Advances Share Buyback Programme with Recent Acquisition
Jan 8, 2025

Hammerson plc announced a recent transaction under its share buyback programme, purchasing 73,381 ordinary shares at a weighted average price of 272.29 pence per share, with plans to cancel these shares. This initiative is part of a broader strategy commenced on 16 October 2024, during which the company has acquired over 7 million ordinary shares, potentially impacting its financial structure and shareholder value.

Wellington Management Adjusts Stake in Hammerson PLC
Jan 7, 2025

Hammerson PLC reported a change in the holding percentage of its voting rights by Wellington Management Group LLP, based in the United States. The group’s voting rights in Hammerson decreased slightly from 5.03% to 4.95% as of January 6, 2025, indicating a minor adjustment in their stake. This shift in voting rights may have implications for investor sentiment and the strategic influence within the company, although it does not represent a significant change in ownership dynamics.

Hammerson Executes Share Buyback to Enhance Shareholder Value
Jan 7, 2025

Hammerson plc has executed a share buyback transaction as part of its previously announced programme. On 6 January 2025, the company purchased 72,082 ordinary shares at a volume-weighted average price of 277.46 pence, with plans to cancel these shares, indicating a strategic move to enhance shareholder value. Since the inception of the programme on 16 October 2024, Hammerson has acquired a total of 7,100,194 ordinary shares, reflecting its commitment to optimizing capital structure and potentially boosting share price.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.