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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings Announces Share Repurchase

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

Hongkong Land Holdings Limited has announced the repurchase of 438,400 of its ordinary shares, with prices ranging from US$5.54 to US$5.61 per share, and a weighted average purchase price of US$5.5829. The repurchased shares will be cancelled, impacting the company’s share capital structure, which now consists of 2,191,345,826 ordinary shares with voting rights. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, providing shareholders with the necessary information to assess their holdings.

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

Average Trading Volume: 32,811

Technical Sentiment Signal: Buy

Current Market Cap: $12.06B

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

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