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The latest announcement is out from Hongkong Land Holdings ( (GB:HKLD) ).
Hongkong Land Holdings Limited announced the repurchase of 424,000 of its ordinary shares, with the highest price paid per share being US$5.85 and the lowest US$5.66. The repurchased shares will be cancelled, impacting the company’s issued share capital, which now consists of 2,186,952,926 ordinary shares with voting rights. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, potentially affecting shareholder calculations regarding their interests in the company.
The most recent analyst rating on (GB:HKLD) stock is a Hold with a $4.80 price target. To see the full list of analyst forecasts on Hongkong Land Holdings stock, see the GB:HKLD Stock Forecast page.
More about Hongkong Land Holdings
Hongkong Land Holdings Limited is a major property investment, management, and development group with a focus on prime office and luxury retail properties in key Asian cities, particularly in Hong Kong and Singapore.
Average Trading Volume: 4,914
Technical Sentiment Signal: Buy
Current Market Cap: $12.77B
For an in-depth examination of HKLD stock, go to TipRanks’ Overview page.