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The latest announcement is out from Hongkong Land Holdings ( (GB:HKLD) ).
Hongkong Land Holdings Limited has repurchased 225,000 of its ordinary shares, with prices ranging from US$6.52 to US$6.62 per share. The repurchased shares will be cancelled, impacting the company’s share capital structure, which now consists of 2,162,983,926 ordinary shares with voting rights. This move is in line with the company’s strategic management of its capital and may influence shareholder decisions regarding their interests in the company.
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 leading property investment, management, and development group. The company focuses on prime commercial properties in key Asian cities, offering high-quality office and retail spaces.
Average Trading Volume: 7,148
Technical Sentiment Signal: Buy
Current Market Cap: $14.21B
For a thorough assessment of HKLD stock, go to TipRanks’ Stock Analysis page.