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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 £140 million. The buyback programme to reduce capital was first announced back in July. Hammerson has a market capitalisation of £1.58 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% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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