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Hongkong Land Cancels 170,000 Shares After Market Buyback

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Hongkong Land Cancels 170,000 Shares After Market Buyback

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Hongkong Land Holdings ( (GB:HKLD) ) just unveiled an update.

Hongkong Land Holdings Limited has repurchased 170,000 of its ordinary shares on 30 January 2026 at prices ranging between US$8.40 and US$8.53 per share, with a weighted average price of US$8.4716. The repurchased shares will be cancelled, leaving the company with an issued share capital of 2,155,334,126 ordinary shares, each carrying one vote, and no treasury shares, a move that slightly reduces the share count and may enhance earnings per share while providing shareholders with an updated denominator for calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.70 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 listed property investment, management and development company, with a portfolio of prime commercial and residential assets and a focus on major Asian cities including Hong Kong, where it is a leading landlord in the central business district.

Average Trading Volume: 7,517

Technical Sentiment Signal: Buy

Current Market Cap: $18.02B

For detailed information about HKLD stock, go to TipRanks’ Stock Analysis page.

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