Hammerson plc R.E.I.T. (GB:HMSO) has released an update.
Hammerson plc has announced a share buyback program worth up to £140 million, aimed at reducing its share capital. The program, managed by Morgan Stanley, will run from October 16, 2024, to October 16, 2026, with purchases conducted under relevant regulatory guidelines. This move is expected to bolster the company’s stock value by decreasing the number of shares in circulation.
For further insights into GB:HMSO stock, check out TipRanks’ Stock Analysis page.
