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Hammerson Executes Share Buyback of Over 6 Million Shares
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Hammerson Executes Share Buyback of Over 6 Million Shares

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The latest announcement is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).

Hammerson plc announced a recent transaction in its ongoing share buyback program, initiated on 16 October 2024, where it purchased 93,037 ordinary shares from Morgan Stanley & Co. The shares bought at an average price of 286.22 pence each will be canceled, contributing to a total of 6,291,700 shares repurchased since the program’s inception. This move reflects Hammerson’s strategic focus on optimizing its capital structure and potentially enhancing shareholder value.

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

Hammerson plc is a Real Estate Investment Trust (REIT) focused on managing and developing retail properties. The company operates primarily within the retail property sector, working to enhance value through development and active asset management.

YTD Price Performance: 8.31%

Average Trading Volume: 1,442,058

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.43B

For a thorough assessment of HMSO stock, go to TipRanks’ Stock Analysis page.

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