tiprankstipranks
Hammerson plc Continues Share Buyback with New Purchase
Company Announcements

Hammerson plc Continues Share Buyback with New Purchase

Story Highlights

Stay Ahead of the Market:

Hammerson plc R.E.I.T. ( (GB:HMSO) ) has provided an update.

Hammerson plc has executed a purchase of 75,751 ordinary shares as part of its ongoing share buyback programme announced in October 2024. This move, which involves cancelling the purchased shares, is part of a broader strategy where Hammerson has acquired over 7.3 million shares since the programme’s inception, potentially impacting shareholder value and market positioning.

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

Hammerson plc is a Real Estate Investment Trust (REIT) focused on property development and investment. The company primarily operates in the commercial real estate sector, managing a portfolio of retail properties and shopping centers across various regions.

YTD Price Performance: -5.94%

Average Trading Volume: 1,073,893

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.29B

For an in-depth examination of HMSO stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App