tiprankstipranks
Trending News
More News >

Hongkong Land Holdings Announces Share Repurchase

Story Highlights
Hongkong Land Holdings Announces Share Repurchase

Confident Investing Starts Here:

The latest announcement is out from Hongkong Land Holdings ( (GB:HKLD) ).

Hongkong Land Holdings Limited announced the repurchase of 460,000 of its ordinary shares, with prices ranging from US$5.38 to US$5.46 per share, and a weighted average price of US$5.4305. The repurchased shares will be cancelled, impacting the company’s share capital and 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 $4.00 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 leading property investment, management, and development group with a focus on prime commercial properties in Asian cities, particularly in Hong Kong and Singapore.

Average Trading Volume: 40,585

Technical Sentiment Signal: Buy

Current Market Cap: $11.48B

For a thorough assessment of HKLD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1