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The latest announcement is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).
Hammerson plc, a real estate investment trust (REIT), has executed a share buyback program, purchasing 94,962 of its ordinary shares from Morgan Stanley & Co. International plc. The company will cancel these shares as part of its broader strategy, which has seen the acquisition of over 6.9 million shares since mid-October 2024. This move could enhance shareholder value and improve stock value by reducing the number of shares outstanding.
More about Hammerson plc R.E.I.T.
YTD Price Performance: 6.60%
Average Trading Volume: 1,365,336
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.41B
For a thorough assessment of HMSO stock, go to TipRanks’ Stock Analysis page.
