16th Oct 2024 11:05
Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres in the UK and elsewhere - Launches share buyback worth up to GBP140 million. The buyback programme to reduce capital was first announced back in July. Hammerson has a market capitalisation of GBP1.58 billion. The buyback will be run by Morgan Stanley & Co International PLC. It will start on Wednesday and be completed by mid-October 2026.
Current stock price in London: 316.00 pence, up 2.4% on day
12-month change: up 27%
By Tom Waite, Alliance News editor
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