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The latest announcement is out from Hongkong Land Holdings ( (GB:HKLD) ).
Hongkong Land Holdings Limited announced a market repurchase of 234,000 of its ordinary shares, with the highest price paid per share being US$6.42 and the lowest US$6.34, resulting in a weighted average purchase price of US$6.3915. The repurchased shares will be cancelled, impacting the company’s issued share capital, which now consists of 2,175,982,926 ordinary shares with voting rights, potentially affecting shareholder calculations under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
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 Asian property investment, management, and development group. The company is involved in the development and management of prime office and luxury retail properties in key Asian cities, with a significant presence in Hong Kong and Singapore.
Average Trading Volume: 5,446
Technical Sentiment Signal: Buy
Current Market Cap: $13.76B
For detailed information about HKLD stock, go to TipRanks’ Stock Analysis page.