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IN BRIEF: Hammerson starts buyback of up to 5.3 million shares

12th Mar 2024 11:49

Hammerson PLC - London-based property development and investment company - Starts buying back up to 5.3 million own shares at 5 pence each. Says the sole purpose of the share repurchase programme is to meet obligations arising from employee share option plan. Says the buyback will commence on Tuesday and will end no later than June 30.

Current stock price in London: 25.76 pence, up 1.4% on Tuesday afternoon

12-month change: up 7.3%

Current stock price in Johannesburg: ZAR6.12, up 0.8%

12-month change: up 16%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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