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Hammerson Advances Share Buyback with Latest Purchase

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Hammerson Advances Share Buyback with Latest Purchase

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Hammerson plc R.E.I.T. ( (GB:HMSO) ) has shared an update.

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.

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

Hammerson plc is a real estate investment trust (REIT) that operates primarily in the retail property sector. The company focuses on the acquisition, development, and management of retail properties across the UK, Ireland, and parts of Europe, aiming to create vibrant, consumer-focused spaces.

YTD Price Performance: 2.00%

Average Trading Volume: 1,003,471

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.39B

For detailed information about HMSO stock, go to TipRanks’ Stock Analysis page.

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