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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 update is out from Hongkong Land Holdings ( (GB:HKLD) ).

Hongkong Land Holdings Limited (HKLH) has announced a market repurchase of 450,000 of its ordinary shares, with the highest price paid per share being US$5.56 and the lowest at US$5.49, resulting in a weighted average purchase price of US$5.5243. The repurchased shares will be cancelled, and this action aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, impacting shareholder calculations regarding voting rights and interest notifications.

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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