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Hongkong Land Executes Share Repurchase

Story Highlights
  • Hongkong Land Holdings repurchased 297,000 shares at prices between US$5.21 and US$5.27.
  • The repurchased shares will be cancelled, affecting share capital and voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hongkong Land Executes Share Repurchase

Elevate Your Investing Strategy:

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

Hongkong Land Holdings Limited announced a market repurchase of 297,000 of its ordinary shares, with the highest price paid per share being US$5.27 and the lowest at US$5.21. The repurchased shares will be cancelled, impacting the company’s share capital and potentially influencing shareholder calculations regarding voting rights and interests.

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 commercial and residential properties in key Asian cities.

Average Trading Volume: 65,350

Technical Sentiment Signal: Buy

Current Market Cap: $11.58B

See more insights into HKLD stock on TipRanks’ Stock Analysis page.

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