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Hammerson plc R.E.I.T. ( (GB:HMSO) ) has shared an announcement.
Hammerson plc announced the purchase of 60,441 ordinary shares as part of its ongoing share buyback programme, initiated in October 2024. The shares, purchased at an average price of 291.52 pence each, will be cancelled, reducing the company’s share capital. This move is part of Hammerson’s strategy to optimize its capital structure and enhance shareholder value, having repurchased over 9 million shares since the programme’s inception.
More about Hammerson plc R.E.I.T.
Hammerson plc is a Real Estate Investment Trust (REIT) focused on managing, developing, and investing in prime shopping centers, retail parks, and premium outlets across Europe. The company aims to create vibrant retail environments and deliver long-term value for its stakeholders.
YTD Price Performance: 4.01%
Average Trading Volume: 944,584
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.42B
For detailed information about HMSO stock, go to TipRanks’ Stock Analysis page.