The latest update is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).
Hammerson plc has executed a share buyback transaction, purchasing 77,808 of its ordinary shares as part of its ongoing buyback program initiated in October 2024. The shares, acquired at an average price of 285.65 pence, will be canceled, contributing to a total of 6,556,379 shares repurchased since the program’s commencement, which reflects the company’s effort to optimize 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 operates primarily in the commercial property sector. The company is involved in the acquisition, development, and management of retail properties, focusing on shopping centers and retail parks across major European markets.
YTD Price Performance: 7.12%
Average Trading Volume: 1,438,965
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.41B
Learn more about HMSO stock on TipRanks’ Stock Analysis page.
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