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

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

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Hammerson plc R.E.I.T.

(LSE:HMSO)

Rating:60Neutral
Price Target:
286.00p
â–²( 6.96% Upside)
Hammerson's stock score is influenced by strong operational improvements and strategic actions, including share buybacks and asset acquisitions, which support growth. However, financial challenges, including negative earnings, high leverage, and cash flow issues, weigh heavily, affecting the overall score.
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. iShares MSCI United Kingdom ETF (EWC)

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

Company DescriptionAt Hammerson, we create vibrant, continually evolving spaces, in and around major cities, where people and brands want to be. We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come. We own and operate high-quality flagship destinations and have investments in premium outlets in selected European countries and have a City Quarters strategy to evolve our portfolio beyond retail.
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
Positive
Last Price267.40
Price Trends
50DMA
247.64
Positive
100DMA
258.79
Positive
200DMA
271.31
Negative
Market Momentum
MACD
6.35
Negative
RSI
62.36
Neutral
STOCH
74.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HMSO, the sentiment is Positive. The current price of 267.4 is above the 20-day moving average (MA) of 260.52, above the 50-day MA of 247.64, and below the 200-day MA of 271.31, indicating a neutral trend. The MACD of 6.35 indicates Negative momentum. The RSI at 62.36 is Neutral, neither overbought nor oversold. The STOCH value of 74.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HMSO.

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

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
83
Outperform
£3.49B7.1411.28%5.45%38.97%417.46%
GBSHC
74
Outperform
£2.78B10.317.05%2.45%12.79%-74.41%
GBDLN
73
Outperform
£2.13B18.403.29%4.24%3.70%―
68
Neutral
£3.82B21.013.17%5.98%-30.83%―
60
Neutral
$2.76B10.590.51%8507.90%5.51%-19.44%
60
Neutral
£1.29B―-2.09%5.84%6.08%―
47
Neutral
£4.53B11.456.13%6.55%-1.73%―
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:HMSO
Hammerson plc R.E.I.T.
267.40
8.18
3.16%
GB:BLND
British Land Company plc
382.60
-16.41
-4.11%
GB:SHC
Shaftesbury Capital
142.70
0.86
0.61%
GB:DLN
Derwent London plc REIT
1,900.00
-364.96
-16.11%
GB:LAND
Land Securities Group plc REIT
610.50
5.33
0.88%
GB:BBOX
Tritax Big Box REIT
140.50
-9.70
-6.46%

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

Earnings Call Date:Feb 26, 2025
(Q4-2024)
|
% Change Since: -4.60%|
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.
Q4-2024 Updates
Positive Updates
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.
Negative Updates
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 plc Advances Share Buyback Programme
Positive
May 23, 2025

Hammerson plc has executed a share buyback transaction, purchasing 74,205 of its ordinary shares at an average price of 269.51 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, which can potentially improve earnings per share and influence stock price positively.

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.

Stock BuybackBusiness Operations and Strategy
Hammerson Continues Share Buyback with Latest Purchase
Positive
May 22, 2025

Hammerson plc has announced the purchase of 74,343 of its ordinary shares as part of its ongoing share buyback program initiated in October 2024. The shares were bought at a volume-weighted average price of 268.91 pence and will be canceled, reflecting the company’s strategy to enhance shareholder value through capital management.

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.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
May 21, 2025

Hammerson plc has executed a share buyback transaction, purchasing 74,166 of its ordinary shares as part of its ongoing Share Buyback Programme initiated in October 2024. This move, involving shares bought at an average price of 269.66 pence, is part of a broader strategy to reduce the number of shares in circulation, potentially enhancing shareholder value and improving financial metrics.

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.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Hammerson Completes Brent Cross Acquisition and Updates 2025 Guidance
Positive
May 21, 2025

Hammerson plc has announced the substantial completion of its acquisition of Brent Cross, a prominent retail and leisure destination, which consolidates its control and economic interest in line with its strategy to recycle capital into landmark assets. This acquisition, alongside strong year-to-date trading performance and updated guidance for 2025, positions Hammerson for significant growth, with expected total GRI growth of 10% for the year. The acquisition of Brent Cross, combined with previous strategic moves, has allowed Hammerson to redeploy £321 million into consolidating control of its assets, enhancing its annualized EBITDA by £25 million. The company’s strong leasing performance and asset repositioning efforts have led to increased occupancy and rental growth, supporting its medium-term financial framework and future earnings growth.

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.

Stock BuybackRegulatory Filings and Compliance
Hammerson Completes Share Buyback, Adjusts Voting Rights
Neutral
May 20, 2025

Hammerson plc announced the completion of a share buyback program, resulting in the cancellation of 374,394 ordinary shares. This move adjusts the company’s total voting rights to 485,302,851, impacting shareholder calculations under regulatory guidelines. The announcement was also released on the Johannesburg Stock Exchange and Euronext Dublin, indicating its significance across multiple markets.

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.

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

Hammerson plc announced the purchase of 74,710 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 enhance shareholder value, with the company having acquired a total of 13,697,594 shares since the programme’s inception. The cancellation of these shares is expected to impact the company’s share capital structure positively and reflects Hammerson’s commitment to returning value to its shareholders.

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.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme with Latest Share Purchase
Positive
May 19, 2025

Hammerson plc has announced the purchase of 73,834 of its ordinary shares as part of its ongoing share buyback programme, initiated on 16 October 2024. The transaction, executed through Morgan Stanley & Co. International plc, is part of a broader strategy to enhance shareholder value, with a total of 13,622,884 shares repurchased since the programme’s inception. The cancellation of these shares is expected to impact the company’s share capital structure positively, potentially improving earnings per share and reflecting confidence in the company’s financial health.

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.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
May 16, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing Share Buyback Programme, purchasing 69,946 ordinary shares at a volume-weighted average price of 265.36 pence per share. This move, which is part of a broader strategy initiated in October 2024, aims to enhance shareholder value by reducing the number of shares in circulation, potentially impacting the company’s market positioning and investor relations.

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.

Shareholder MeetingsBusiness Operations and StrategyFinancial Disclosures
Hammerson plc Announces Successful 2025 AGM Resolutions
Positive
May 15, 2025

Hammerson plc announced the successful passage of all resolutions at its 2025 Annual General Meeting, held on May 15, 2025. Key resolutions included the approval of the Directors’ Annual Report and Financial Statements, the re-election of several directors, and the re-appointment of PricewaterhouseCoopers LLP as auditors. The approval of these resolutions reflects strong shareholder support and positions the company to continue its strategic initiatives in the retail property sector.

The most recent analyst rating on (GB:HMSO) stock is a Buy with a £300.00 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.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Optimize Capital Structure
Positive
May 15, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing programme, purchasing 75,816 ordinary shares at a volume-weighted average price of 262.97 pence per share. This move, part of a larger strategy initiated in October 2024, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.

The most recent analyst rating on (GB:HMSO) stock is a Sell with a £190.00 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.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Executes Share Buyback to Strengthen Financial Position
Positive
May 14, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing Share Buyback Programme, purchasing 76,993 ordinary shares at prices ranging from 258.00 to 264.00 pence per share. This move is part of a larger initiative since October 2024, during which the company has acquired a total of 13,403,288 shares, indicating a strategic effort to consolidate its share capital, potentially enhancing shareholder value and signaling confidence in its financial stability.

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.

Stock BuybackRegulatory Filings and Compliance
Hammerson Completes Share Buyback, Adjusts Voting Rights
Neutral
May 13, 2025

Hammerson plc announced the completion of a share buyback program, resulting in the purchase and cancellation of 312,680 ordinary shares. This action adjusts the company’s total voting rights to 485,677,245, impacting shareholders’ calculations for interest notifications under relevant financial regulations.

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.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback as Part of Strategic Programme
Positive
May 13, 2025

Hammerson plc has executed a share buyback transaction, purchasing 77,805 of its ordinary shares at an average price of 257.03 pence per share. This move is part of its ongoing share buyback programme initiated in October 2024, aimed at reducing the number of shares in circulation, potentially increasing shareholder value and signaling confidence in the company’s financial health.

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.

M&A TransactionsBusiness Operations and Strategy
Hammerson Expands Stake in Brent Cross to Over 90%
Positive
May 12, 2025

Hammerson plc has announced its intention to increase its stake in Brent Cross by acquiring units from the abrdn UK Shopping Centre Trust for approximately £200 million. This acquisition will raise Hammerson’s economic interest in Brent Cross to over 90%, reinforcing its position as a leading owner and manager of prime retail destinations. The move is expected to strengthen Hammerson’s market presence and enhance its strategic operations in the retail sector.

Stock BuybackBusiness Operations and Strategy
Hammerson Continues Share Buyback Programme
Neutral
May 12, 2025

Hammerson plc announced the purchase of 78,442 of its ordinary shares as part of its ongoing share buyback programme, initiated in October 2024. The company plans to cancel the purchased 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 to Enhance Shareholder Value
Positive
May 9, 2025

Hammerson plc has executed a share buyback transaction, purchasing 78,483 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 enhance shareholder value, with a total of 13,170,048 shares repurchased since the programme’s inception. The cancellation of these shares is expected to positively impact the company’s earnings per share and reflects Hammerson’s commitment to returning value to its shareholders.

Stock BuybackBusiness Operations and Strategy
Hammerson Continues Share Buyback Programme
Neutral
May 8, 2025

Hammerson plc, a real estate investment trust, has announced the purchase of 78,134 of its own ordinary shares as part of its ongoing share buyback programme initiated in October 2024. The shares were bought at prices ranging from 255.00 to 257.40 pence per share and will be cancelled, contributing to a total of 13,091,565 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 Completes Share Buyback, Adjusts Voting Rights
Neutral
May 7, 2025

Hammerson plc has announced the completion of a share buyback program, resulting in the cancellation of 329,479 ordinary shares. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value. Following the buyback, the total number of voting rights in the company is now 485,989,925, which stakeholders should use for calculating their interests in accordance with regulatory requirements.

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

Hammerson plc has executed a share buyback transaction, purchasing 77,621 of its ordinary shares at an average price of 257.66 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, which may positively impact the company’s stock price and earnings per share.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Continues Share Buyback Programme
Positive
May 6, 2025

Hammerson plc has announced the repurchase of 64,495 of its 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 257.90 pence and will be cancelled, contributing to a total of 12,935,810 shares repurchased since the programme’s inception. This move is part of Hammerson’s strategy to optimize its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback as Part of Ongoing Programme
Neutral
May 2, 2025

Hammerson plc has executed a share buyback transaction, purchasing 44,496 of its ordinary shares as part of its ongoing share buyback programme. This move is part of a broader strategy initiated in October 2024, through which the company has repurchased over 12.8 million shares, potentially impacting its capital structure and shareholder value.

Stock BuybackBusiness Operations and Strategy
Hammerson Advances Share Buyback Programme with Latest Purchase
Positive
May 1, 2025

Hammerson plc has announced the purchase of 79,564 of its ordinary shares as part of its ongoing share 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. Since the start of the programme, Hammerson has repurchased a total of 12,826,819 shares, reflecting its commitment to optimizing its financial operations and strengthening its market position.

Stock BuybackRegulatory Filings and Compliance
Hammerson Completes Share Buyback Program
Neutral
Apr 30, 2025

Hammerson plc has announced the completion of a share buyback program, resulting in the cancellation of 312,804 ordinary shares. This action reduces the company’s total issued share capital to 487,620,229 shares, with 1,300,825 shares held in treasury, impacting the total number of voting rights available to shareholders. The update aligns with regulatory compliance and provides stakeholders with necessary information for interest notifications.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Advances Share Buyback Strategy
Positive
Apr 30, 2025

Hammerson plc has executed a share buyback program, purchasing 79,043 of its ordinary shares at a volume-weighted average price of 250.41 pence per share. This move is part of a broader strategy initiated in October 2024, which has seen the company repurchase a total of 12,747,255 shares, potentially enhancing shareholder value and optimizing capital structure.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback as Part of Capital Strategy
Neutral
Apr 29, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing program announced in October 2024, purchasing 61,881 ordinary shares at an average price of 250.93 pence per share. This move is part of a broader strategy to manage its capital structure, with the total shares repurchased under the program reaching over 12 million, potentially impacting shareholder value and market perception.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Strengthen Market Position
Positive
Apr 28, 2025

Hammerson plc has executed a transaction involving the repurchase of 75,617 ordinary shares as part of its ongoing share buyback programme initiated in October 2024. This move is part of a broader strategy to reduce the number of shares in circulation, potentially enhancing shareholder value and reflecting the company’s confidence in its market positioning.

Stock Buyback
Hammerson Advances Share Buyback Programme with Latest Purchase
Positive
Apr 25, 2025

Hammerson plc has executed a share buyback transaction, purchasing 80,318 of its ordinary shares at a volume-weighted average price of 249 pence per share. This move is part of a broader share buyback programme initiated in October 2024, under which the company has acquired a total of 12,530,714 shares to date. 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 Buyback
Hammerson Advances Share Buyback Programme with Latest Purchase
Positive
Apr 24, 2025

Hammerson plc announced the purchase of 78,039 of its own ordinary shares as part of its ongoing share buyback programme, which began in October 2024. The company plans to cancel these shares, a move that may impact its share capital structure and potentially enhance shareholder value. Since the start of the programme, Hammerson has repurchased a total of 12,450,396 shares, reflecting its commitment to returning capital to shareholders.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Optimize Capital Structure
Positive
Apr 23, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing buyback program initiated in October 2024. On April 22, 2025, the company purchased 78,830 ordinary shares at a volume-weighted average price of 255.64 pence per share, which will subsequently be canceled. This move is part of a broader strategy to optimize capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Hammerson Completes Share Buyback, Cancels Over 111,000 Shares
Neutral
Apr 22, 2025

Hammerson plc has announced the completion of a share buyback program, resulting in the cancellation of 111,068 ordinary shares. This move, which reduces the total number of shares and voting rights, is part of the company’s strategy to manage its capital structure effectively and could impact shareholder calculations regarding their interests in the company.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Advances Share Buyback Programme
Positive
Apr 22, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing Share Buyback Programme, purchasing 58,742 ordinary shares at an average price of 251.36 pence per share. This move is part of a broader strategy to enhance shareholder value, with the company having bought back a total of 12,293,527 shares since the programme’s inception in October 2024.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Continues Share Buyback Programme
Positive
Apr 16, 2025

Hammerson plc has announced the purchase of 14,270 of its ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. The shares were bought at prices ranging from 244.00 to 245.00 pence, with an average price of 244.63 pence per share, and will be cancelled. This move is part of a broader strategy, as the company has acquired over 12 million shares since the programme’s inception, potentially indicating a focus on enhancing shareholder value and optimizing capital structure.

Private Placements and FinancingBusiness Operations and Strategy
Hammerson Updates £5 Billion EMTN Programme Prospectus
Neutral
Apr 15, 2025

Hammerson plc has updated and amended its base prospectus for its £5 billion Euro Medium Term Note Programme, which has been approved by the Financial Conduct Authority. This update is significant for the company’s financial strategy, potentially impacting its funding operations and market positioning.

Stock BuybackBusiness Operations and Strategy
Hammerson Completes Share Buyback, Cancels 434,286 Shares
Positive
Apr 15, 2025

Hammerson plc announced the completion of a share buyback program, resulting in the cancellation of 434,286 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 in the company now stands at 486,743,276, which is crucial for shareholders to determine their interest in the company under regulatory guidelines.

Dividends
Hammerson Announces Final 2024 Dividend and Currency Conversion Details
Neutral
Apr 15, 2025

Hammerson plc announced a final cash dividend of 8.07p per ordinary share for the period ended 31 December 2024, subject to shareholder approval at the 2025 Annual General Meeting. The dividend will be paid as a non-Property Income Distribution and treated as a regular UK company dividend, with a Dividend Reinvestment Plan available for shareholders preferring shares over cash. The dividend is payable on 3 June 2025, with specific details for UK and South African shareholders regarding currency conversion and tax implications. This announcement reflects Hammerson’s commitment to providing returns to its shareholders while navigating tax regulations across its operational regions.

Stock Buyback
Hammerson plc Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 15, 2025

Hammerson plc has announced a transaction involving the repurchase of 38,056 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 238.82 pence per share and will be cancelled, reflecting the company’s strategy to enhance shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Hammerson plc Continues Strategic Share Buyback
Positive
Apr 14, 2025

Hammerson plc has executed a share buyback transaction, purchasing 85,245 of its ordinary shares as part of its ongoing buyback program initiated in October 2024. This move is part of a broader strategy, having acquired over 12 million shares since the program’s inception, indicating a focus on enhancing shareholder value and optimizing capital structure.

Stock BuybackBusiness Operations and Strategy
Hammerson Continues Share Buyback with Recent Acquisition
Neutral
Apr 11, 2025

Hammerson plc has announced the purchase of 84,779 of its ordinary shares as part of its ongoing share buyback program, which was initiated on 16 October 2024. The shares were acquired from Morgan Stanley & Co. International plc at a volume-weighted average price of 234.90 pence per share. This move is part of Hammerson’s strategy to manage its capital structure and return value to shareholders, with a total of 12,097,214 shares repurchased since the program’s inception.

Stock BuybackBusiness Operations and Strategy
Hammerson Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 10, 2025

Hammerson plc has executed a share buyback transaction as part of its ongoing Share Buyback Programme, purchasing 89,145 ordinary shares at a volume-weighted average price of 224.31 pence per share. The company plans to cancel the purchased shares, which is part of a broader 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 9, 2025

Hammerson plc has announced the purchase of 86,057 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 by reducing the number of shares in circulation. The shares were acquired at a volume-weighted average price of 228.45 pence and will be cancelled, reflecting the company’s commitment to returning value to shareholders.

Business Operations and Strategy
Hammerson Allocates Shares to Key Directors Under Incentive Plan
Positive
Apr 8, 2025

Hammerson plc announced the allocation of Partnership Shares under its Share Incentive Plan to key directors and managerial personnel. This move, involving the purchase and matching of shares, reflects the company’s commitment to aligning the interests of its leadership with shareholder value, potentially impacting stakeholder confidence positively.

Executive/Board ChangesRegulatory Filings and Compliance
Hammerson Announces Vesting and Exercise of Share Options by Key Personnel
Positive
Apr 8, 2025

Hammerson plc announced that awards of nil-cost options over ordinary shares, granted under the company’s Deferred Bonus Share Scheme, vested and were exercised by key managerial personnel. These transactions, in compliance with the UK Market Abuse Regulation, involved the sale of some shares to cover tax liabilities, while the remaining shares were retained by the personnel. This move reflects the company’s ongoing commitment to aligning managerial interests with shareholder value, potentially impacting its market perception positively.

Stock BuybackBusiness Operations and Strategy
Hammerson Continues Share Buyback Programme with Latest Purchase
Neutral
Apr 8, 2025

Hammerson plc has announced the purchase of 89,060 of its own ordinary shares as part of its ongoing share buyback programme, which commenced on 16 October 2024. This transaction, executed through Morgan Stanley & Co. International plc, is part of a broader strategy that has seen the company buy back a total of 11,837,233 shares. The purchased shares will be cancelled, potentially impacting the company’s share value and market perception.

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.

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.