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Hammerson Executes Share Buyback to Enhance Shareholder Value
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Hammerson Executes Share Buyback to Enhance Shareholder Value

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

Hammerson plc has executed a share buyback program, purchasing 75,522 of its ordinary shares at a volume-weighted average price of 264.81 pence per share from Morgan Stanley & Co. International plc. This transaction is part of a larger buyback initiative announced in October 2024, with a total of 7,249,097 shares acquired since then. The repurchased shares will be canceled, potentially enhancing shareholder value and improving capital allocation efficiency.

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

Hammerson plc is a Real Estate Investment Trust (REIT) focused on retail property management and development in major European cities. The company specializes in owning, managing, and developing prime shopping centers, retail parks, and premium outlets.

YTD Price Performance: -3.65%

Average Trading Volume: 1,061,380

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.35B

For an in-depth examination of HMSO stock, go to TipRanks’ Stock Analysis page.

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