Hammerson plc Enhances Value with Share Buyback

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

Hammerson plc has executed a significant buyback of 84,788 ordinary shares as part of its ongoing share repurchase program, purchasing shares at a volume-weighted average price of 294.85 pence. This move is part of a larger initiative, with the company having bought back over 6 million shares since October. The acquired shares will be cancelled, potentially enhancing shareholder value by reducing share count.

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