An announcement from Hammerson plc R.E.I.T. ( (GB:HMSO) ) is now available.
Hammerson plc has executed a transaction to repurchase 73,090 of its own ordinary shares as part of a previously announced share buyback programme. The shares were purchased at a volume-weighted average price of 273.15 pence per share and will be canceled, reducing the total number of shares outstanding. This move is part of a broader strategy to enhance shareholder value and optimize the company’s capital structure.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) that focuses on owning, managing, and developing retail properties. The company operates primarily in the UK, Ireland, and France, with a portfolio that includes shopping centers, retail parks, and premium outlets.
YTD Price Performance: -2.58%
Average Trading Volume: 971,952
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.33B
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