Hammerson plc Enhances Shareholder Value with Buyback Program

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

Hammerson plc has executed a share buyback program, purchasing 157,657 of its ordinary shares at a volume-weighted average price of 285.34 pence each. This move is part of a broader strategy that has seen the company acquire over 5.25 million shares since mid-October 2024. The acquired shares will be cancelled, potentially enhancing shareholder value by reducing the number of shares available in the market.

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