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Hammerson plc R.E.I.T. ( (GB:HMSO) ) has issued an announcement.
Hammerson plc announced a recent purchase of 69,234 ordinary shares as part of its ongoing share buyback programme, initially announced in October 2024. The company aims to enhance shareholder value through this strategy by canceling the bought-back shares, which cumulatively reached over 9 million shares since the programme’s inception. This move reflects Hammerson’s commitment to optimizing its capital structure and potentially indicates confidence in its long-term market performance.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) involved in the development and management of retail properties. The company focuses on creating vibrant shopping destinations and has a significant presence in the UK and European retail property markets.
YTD Price Performance: 3.29%
Average Trading Volume: 907,622
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.42B
See more data about HMSO stock on TipRanks’ Stock Analysis page.
