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Hammerson plc Executes Share Buyback to Enhance Shareholder Value
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Hammerson plc Executes Share Buyback to Enhance Shareholder Value

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The latest update is out from Hammerson plc R.E.I.T. ( (GB:HMSO) ).

Hammerson plc announced a recent transaction under its share buyback programme, purchasing 71,426 of its ordinary shares at a volume weighted average price of 280 pence per share from Morgan Stanley & Co. International plc. This move is part of a larger initiative since October 2024, during which Hammerson has acquired a total of 8,501,307 shares, indicating a strategic effort to consolidate its share capital, possibly aiming to enhance shareholder value and improve financial metrics.

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

Hammerson plc is a Real Estate Investment Trust (REIT) that focuses on investing in and managing retail properties, including shopping centers and retail parks, primarily in the UK and Europe.

YTD Price Performance: 2.00%

Average Trading Volume: 1,003,471

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.39B

See more data about HMSO stock on TipRanks’ Stock Analysis page.

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