Hongkong Land Holdings ( (GB:HKLD) ) has issued an announcement.
Hongkong Land Holdings Limited has announced the repurchase of 500,000 of its ordinary shares at prices ranging from US$4.90 to US$4.98, with a weighted average purchase price of US$4.9592. The repurchased shares will be cancelled, impacting the company’s share capital and potentially influencing shareholder calculations regarding voting rights and interest notifications as per the Financial Conduct Authority’s rules.
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 extensive portfolio of high-quality office and retail spaces, primarily in Hong Kong and Singapore, catering to a diverse range of international and local tenants.
YTD Price Performance: 2.35%
Average Trading Volume: 43,650
Technical Sentiment Signal: Sell
Current Market Cap: $10.82B
For detailed information about HKLD stock, go to TipRanks’ Stock Analysis page.