TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hongkong Land Holdings ( (GB:HKLD) ) just unveiled an update.
Hongkong Land Holdings Limited has announced a repurchase of 470,000 of its ordinary shares, with the highest price paid per share being US$5.39 and the lowest at US$5.26. The repurchased shares will be cancelled, and this move is in line with the company’s strategy to manage its share capital effectively, potentially impacting shareholder value and market perception positively.
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 with a focus on prime commercial properties in key Asian cities. The company is known for its high-quality office and retail spaces, primarily in Hong Kong and Singapore, and has a significant presence in the real estate market.
Average Trading Volume: 40,585
Technical Sentiment Signal: Buy
Current Market Cap: $11.48B
See more insights into HKLD stock on TipRanks’ Stock Analysis page.