Hammerson plc R.E.I.T. ( (GB:HMSO) ) has issued an announcement.
Hammerson plc announced the purchase of 71,116 of its own ordinary shares as part of a share buyback programme initiated on 16 October 2024. The transaction, executed with Morgan Stanley & Co. International plc, involved cancelling the acquired shares, contributing to a total of 8,572,423 shares repurchased since the programme’s inception. This move is likely aimed at consolidating shareholder value and optimizing capital structure, which could have implications for the company’s market position and stakeholder interests.
More about Hammerson plc R.E.I.T.
Hammerson plc is a real estate investment trust (REIT) focused on the development and management of retail properties. Its primary services include property management and investment in retail assets across major markets in the UK and Europe.
YTD Price Performance: 0.36%
Average Trading Volume: 997,313
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.37B
See more data about HMSO stock on TipRanks’ Stock Analysis page.
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