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Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited announced a market repurchase of 240,000 of its ordinary shares, with prices ranging from US$6.04 to US$6.17 per share. The repurchased shares will be cancelled, impacting the company’s issued share capital, which now consists of 2,178,828,926 ordinary shares. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, potentially affecting shareholder calculations regarding their interests in the company.
The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.20 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. It operates primarily in Hong Kong and throughout Asia, focusing on prime commercial and residential properties.
Average Trading Volume: 3,980
Technical Sentiment Signal: Buy
Current Market Cap: $12.99B
Find detailed analytics on HKLD stock on TipRanks’ Stock Analysis page.