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Hammerson Executes Share Buyback, Cancels Acquired Shares
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Hammerson Executes Share Buyback, Cancels Acquired Shares

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Invest with Confidence:

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

Hammerson plc has announced a recent transaction under its share buyback programme, initially disclosed in October 2024. The company purchased 71,050 of its ordinary shares, with prices ranging between 277.00 and 284.00 pence and a volume-weighted average price of 281.49 pence per share, from Morgan Stanley & Co. International plc. The acquired shares will be canceled, reflecting Hammerson’s strategic approach to enhancing shareholder value. Since the programme’s inception, Hammerson has repurchased over 8 million shares, signaling a commitment to optimizing its capital structure and potentially improving its stock market performance.

More about Hammerson plc R.E.I.T.

Hammerson plc is a Real Estate Investment Trust (REIT) engaged in property development and investment. The company primarily focuses on retail property assets across the UK and Europe, which includes managing and developing shopping centers and premium outlets.

YTD Price Performance: -0.29%

Average Trading Volume: 1,044,242

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.39B

See more data about HMSO stock on TipRanks’ Stock Analysis page.

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