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Hammerson Advances Share Buyback Programme with Recent Acquisition
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Hammerson Advances Share Buyback Programme with Recent Acquisition

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Invest with Confidence:

Hammerson plc R.E.I.T. ( (GB:HMSO) ) has issued an announcement.

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.

More about Hammerson plc R.E.I.T.

Hammerson plc is a real estate investment trust (REIT) that focuses primarily on owning, managing, and developing retail properties. The company operates within the commercial real estate industry and aims to enhance its market position through strategic asset management and investment activities.

YTD Price Performance: -3.65%

Average Trading Volume: 1,061,380

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.35B

Learn more about HMSO stock on TipRanks’ Stock Analysis page.

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