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The latest update is out from Hongkong Land Holdings ( (GB:HKLD) ).
Hongkong Land Holdings Limited has announced a market repurchase of 490,000 of its ordinary shares, with prices ranging from US$5.06 to US$5.14 per share, and a weighted average purchase price of US$5.1102. The repurchased shares will be cancelled, impacting the company’s share capital and potentially affecting shareholder calculations regarding voting rights and interest notifications as per the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:HKLD) stock is a Hold with a $4.80 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 primary focus on prime commercial properties in Asian cities, particularly in Hong Kong and Singapore.
Average Trading Volume: 43,650
Technical Sentiment Signal: Buy
Current Market Cap: $11.14B
See more insights into HKLD stock on TipRanks’ Stock Analysis page.