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An announcement from Hammerson plc R.E.I.T. ( (GB:HMSO) ) is now available.
Hammerson plc has executed a transaction in its own shares as part of a previously announced share buyback programme. The company purchased 94,315 ordinary shares at a volume-weighted average price of 282.74 pence per share, which will be canceled. This move is part of a broader initiative, with over 6.4 million shares purchased since October, indicating a strategic effort to enhance shareholder value and optimize capital structure.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) specializing in property development and management. The company’s market focus includes retail properties such as shopping centers and retail parks across the UK and other regions.
YTD Price Performance: 4.82%
Average Trading Volume: 1,447,483
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.38B
See more insights into HMSO stock on TipRanks’ Stock Analysis page.
