tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hongkong Land Cancels 210,000 Shares After Market Buyback

Story Highlights
Hongkong Land Cancels 210,000 Shares After Market Buyback

Claim 50% Off TipRanks Premium

Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.

Hongkong Land Holdings has repurchased 210,000 of its ordinary shares on 5 January 2026 at prices ranging from US$6.94 to US$7.12 per share, with a weighted average price of US$6.992, and will cancel all the repurchased shares. Following this transaction, the company’s issued share capital stands at 2,158,449,126 ordinary shares with one vote per share and no treasury shares held, a structure that clarifies the total voting rights for investors monitoring their disclosure obligations and signals continued use of buybacks as part of the firm’s capital management strategy.

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 is a major Asian property investment, management and development company, best known for its prime commercial and residential real estate holdings, particularly in Hong Kong and other key Asian cities, where it focuses on high-quality office and retail assets.

Average Trading Volume: 7,144

Technical Sentiment Signal: Buy

Current Market Cap: $15.22B

Learn more about HKLD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1