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Hongkong Land Executes Share Repurchase

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Hongkong Land Executes Share Repurchase

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

Hongkong Land Holdings Limited announced a share repurchase of 242,000 ordinary shares at a weighted average price of US$6.1543 per share, with the highest price paid being US$6.20 and the lowest US$6.09. The repurchased shares will be cancelled, impacting the total number of voting rights available to shareholders, which stands at 2,180,031,926 ordinary shares, potentially affecting shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:HKLD) stock is a Hold with a $7.10 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 Hong Kong and across Asia, focusing on commercial and residential properties.

Average Trading Volume: 2,918

Technical Sentiment Signal: Buy

Current Market Cap: $13.26B

Find detailed analytics on HKLD stock on TipRanks’ Stock Analysis page.

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