Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Hammerson plc R.E.I.T. ( (GB:HMSO) ) has issued an update.
Hammerson plc announced the purchase of 78,308 ordinary shares as part of its ongoing share buyback programme, initiated on 16 October 2024. This transaction, executed through Morgan Stanley & Co. International plc, is part of a broader strategy to enhance shareholder value, with a total of 10,322,898 shares repurchased since the programme’s inception. The cancellation of these shares is expected to positively impact the company’s financial metrics and market positioning.
More about Hammerson plc R.E.I.T.
Hammerson plc is a Real Estate Investment Trust (REIT) that operates within the property industry, focusing primarily on managing and developing retail properties, including shopping centers and retail parks. The company is known for its significant presence in the UK and European markets.
YTD Price Performance: -9.94%
Average Trading Volume: 1,016,511
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.23B
See more data about HMSO stock on TipRanks’ Stock Analysis page.