TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited has repurchased 245,000 of its ordinary shares at a weighted average price of US$6.1040 per share, with the highest and lowest prices paid being US$6.12 and US$6.09, respectively. The repurchased shares will be cancelled, impacting the company’s share capital structure, which now consists of 2,167,173,926 ordinary shares with voting rights, potentially affecting shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.30 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 properties in Asian cities, particularly in Hong Kong and Singapore. The company is known for its high-quality office and retail spaces and plays a significant role in the real estate market across the region.
Average Trading Volume: 6,805
Technical Sentiment Signal: Buy
Current Market Cap: $13.22B
For a thorough assessment of HKLD stock, go to TipRanks’ Stock Analysis page.