IN BRIEF: Hammerson shareholders endorse share consolidation

Hammerson PLC - London-based property development and investment company - Says its shareholders ...

Alliance News 12 September, 2024 | 3:07PM
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Hammerson PLC - London-based property development and investment company - Says its shareholders have approved a share consolidation at a general meeting. It had said back in July the move seeks to simplify its share capital through a 1 for 10 share consolidation, and to increase distributable reserves by reducing its share premium account.

Current stock price in London: 29.56 pence, down 0.5% on Thursday afternoon

12-month change: up 18%

Current stock price in Johannesburg: ZAR6.89, up 0.2%

12-month change: up 17%

By Artwell Dlamini, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Hammerson PLC 29.64 GBX -0.27 -

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