Hammerson plc R.E.I.T. ( (GB:HMSO) ) has shared an update.
Hammerson plc has executed a share buyback transaction, purchasing 79,247 of its ordinary shares from Morgan Stanley & Co. International plc as part of its ongoing Share Buyback Programme initiated in October 2024. The company intends to cancel the acquired shares, which is part of a broader strategy to manage its capital structure and potentially enhance shareholder value.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) that primarily focuses on retail property development and management. The company operates in the commercial real estate sector, with a significant presence in major shopping centers and retail parks across Europe.
YTD Price Performance: -10.37%
Average Trading Volume: 969,534
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.23B
For detailed information about HMSO stock, go to TipRanks’ Stock Analysis page.