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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.