Hammerson plc Strengthens Shareholder Value with Buyback

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

Hammerson plc has executed a share buyback, acquiring 156,759 of its ordinary shares at an average price of 287.01 pence per share, as part of a program that began on October 16, 2024. The company plans to cancel the purchased shares, enhancing shareholder value by reducing the number of outstanding shares. This move reflects Hammerson’s strategic focus on optimizing its capital structure and delivering returns to investors.

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