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Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited has announced the repurchase of 240,000 of its ordinary shares, with the highest price paid per share being US$6.23 and the lowest at US$6.10. The repurchased shares will be cancelled, and the company’s issued share capital now consists of 2,178,588,926 ordinary shares. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, potentially impacting shareholders’ 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 with a significant presence in Asia. The company primarily focuses on commercial and residential properties, offering a range of real estate services across key Asian markets.
Average Trading Volume: 3,980
Technical Sentiment Signal: Buy
Current Market Cap: $13.38B
See more data about HKLD stock on TipRanks’ Stock Analysis page.