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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings Announces Share Repurchase

Elevate Your Investing Strategy:

Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.

Hongkong Land Holdings Limited (HKLH) has announced a market repurchase of 240,000 of its ordinary shares, with prices ranging from US$6.14 to US$6.24 per share. These repurchased shares will be cancelled, impacting the company’s issued share capital, which now consists of 2,185,056,926 ordinary shares with voting rights. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, allowing shareholders to calculate changes in their interest in the company.

The most recent analyst rating on (GB:HKLD) stock is a Hold with a $4.30 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: 3,944

Technical Sentiment Signal: Buy

Current Market Cap: $13.66B

Find detailed analytics on HKLD stock on TipRanks’ Stock Analysis page.

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