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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings ( (GB:HKLD) ) just unveiled an update.

Hongkong Land Holdings Limited announced a repurchase of 470,000 of its ordinary shares on 4 June 2025, with prices ranging from US$5.23 to US$5.31 per share. The repurchased shares will be cancelled, and this move aligns with the company’s strategy to manage its capital structure effectively, potentially impacting shareholder value and market perception.

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 prominent property investment, management, and development group with a significant presence in Asia. The company focuses on high-quality commercial and residential properties, primarily in Hong Kong, Singapore, and other key Asian cities.

Average Trading Volume: 40,585

Technical Sentiment Signal: Buy

Current Market Cap: $11.53B

See more insights into HKLD stock on TipRanks’ Stock Analysis page.

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