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Hammerson Announces Share Buyback Progress

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Hammerson Announces Share Buyback Progress

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

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.

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

YTD Price Performance: -1.72%

Average Trading Volume: 1,031,518

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.35B

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

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Questions or Comments about the article? Write to editor@tipranks.com
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