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Hongkong Land Holdings ( (GB:HKLD) ) just unveiled an update.
Hongkong Land Holdings Limited announced a repurchase of 215,100 of its ordinary shares, with prices ranging from US$6.29 to US$6.40 per share. The repurchased shares will be cancelled, impacting the total number of voting rights for shareholders, which can influence their notification requirements 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 office and luxury retail properties in key Asian cities, particularly in Hong Kong and Singapore.
Average Trading Volume: 5,978
Technical Sentiment Signal: Buy
Current Market Cap: $13.83B
For a thorough assessment of HKLD stock, go to TipRanks’ Stock Analysis page.