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Hongkong Land Holdings ( (GB:HKLD) ) just unveiled an update.
Hongkong Land Holdings Limited announced a market repurchase of 240,000 of its ordinary shares, with prices ranging from US$6.14 to US$6.23, and a weighted average purchase price of US$6.1688. The repurchased shares will be cancelled, impacting the company’s share capital and potentially affecting shareholder calculations regarding voting rights, as per the Financial Conduct Authority’s rules.
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. The company primarily focuses on commercial and residential properties in key Asian cities, with a significant presence in Hong Kong and Singapore.
Average Trading Volume: 3,722
Technical Sentiment Signal: Buy
Current Market Cap: $13.47B
See more data about HKLD stock on TipRanks’ Stock Analysis page.
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