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Hongkong Land Executes Share Repurchase

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Hongkong Land Executes Share Repurchase

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An announcement from Hongkong Land Holdings ( (GB:HKLD) ) is now available.

Hongkong Land Holdings Limited announced a market repurchase of 240,000 of its ordinary shares, with prices ranging from US$6.02 to US$6.25 per share. The repurchased shares will be cancelled, impacting the company’s share capital and potentially affecting shareholder calculations regarding voting rights and interest notifications.

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. It operates primarily in the commercial and residential sectors across Asia, focusing on high-quality properties in prime locations.

Average Trading Volume: 3,038

Technical Sentiment Signal: Buy

Current Market Cap: $13.94B

For an in-depth examination of HKLD stock, go to TipRanks’ Overview page.

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