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Hammerson Executes Strategic Share Buyback Program

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Hammerson Executes Strategic Share Buyback Program

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

Hammerson plc has executed a share buyback program, purchasing 61,908 of its ordinary shares at an average price of 290.74 pence per share on 10 February 2025. This action is part of a broader strategy initiated in October 2024, which has seen the company buy back a total of 8,832,672 shares, a move that may positively impact shareholder value and market perception by reducing the number of shares available and potentially increasing earnings per share.

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

Hammerson plc is a Real Estate Investment Trust (REIT) focusing on property investments, primarily in the retail sector. The company operates within the real estate industry, managing a diverse portfolio of high-quality retail spaces across various markets. Its strategic activities include asset management, property development, and investment in prime locations.

YTD Price Performance: 2.36%

Average Trading Volume: 985,413

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.4B

See more data about HMSO stock on TipRanks’ Stock Analysis page.

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