tiprankstipranks
Company Announcements

Hammerson plc Executes Share Buyback to Enhance Shareholder Value

Story Highlights
Hammerson plc Executes Share Buyback to Enhance Shareholder Value

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

Hammerson plc has executed a share buyback transaction as part of its ongoing programme announced in October 2024, purchasing 69,047 ordinary shares at an average price of 289.65 pence each. This move is part of a broader strategy to enhance shareholder value, with a total of 9,476,705 shares repurchased since the programme’s inception, potentially impacting the company’s market positioning and shareholder equity.

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

Hammerson plc is a real estate investment trust (REIT) that focuses on retail property development and management. The company operates in the commercial real estate sector, primarily dealing with shopping centers and retail parks across Europe.

YTD Price Performance: 3.08%

Average Trading Volume: 902,725

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.41B

See more insights into HMSO stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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
1