Hammerson plc R.E.I.T. ( (GB:HMSO) ) just unveiled an announcement.
Hammerson plc has announced the execution of its share buyback programme, initially revealed in October 2024, by purchasing 61,894 of its own ordinary shares at an average price of 290.82 pence per share. This strategic move, part of a larger initiative that has seen the acquisition of over 9.4 million shares, aims to enhance shareholder value by reducing the number of outstanding shares, thus potentially increasing earnings per share and solidifying its market position.
More about Hammerson plc R.E.I.T.
Hammerson plc operates as a Real Estate Investment Trust (REIT), focusing on the ownership, management, and development of retail properties and premium outlets. The company primarily deals in real estate in key European markets.
YTD Price Performance: 3.08%
Average Trading Volume: 902,725
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.41B
See more data about HMSO stock on TipRanks’ Stock Analysis page.