Hammerson Boosts Shareholder Value with Buyback Program

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

Hammerson plc has executed its share buyback program by purchasing 155,851 ordinary shares at an average price of 288.72 pence per share from Morgan Stanley & Co. International plc. Since the program’s initiation in October, a total of 5,568,100 shares have been acquired. This move to buy back and cancel shares is part of Hammerson’s strategy to enhance shareholder value.

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