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Hammerson plc R.E.I.T. ( (GB:HMSO) ) has shared an update.
Hammerson plc has executed a share buyback transaction, purchasing 60,229 ordinary shares at a volume weighted average price of 292.40 pence each from Morgan Stanley & Co. International plc, as part of its ongoing share buyback programme initiated in October 2024. This move is part of the company’s strategy to manage its capital structure, and the purchased shares will be canceled, reducing the total number of outstanding shares and potentially enhancing shareholder value.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) involved in property management and development. The company focuses on retail properties, operating in markets across the UK and Europe, aiming to provide retail and leisure destinations.
YTD Price Performance: 4.72%
Average Trading Volume: 933,732
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.43B
See more data about HMSO stock on TipRanks’ Stock Analysis page.