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Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited announced the repurchase of 480,000 of its ordinary shares at prices ranging from US$5.13 to US$5.19 per share, with a weighted average purchase price of US$5.1609. The repurchased shares will be cancelled, impacting the company’s share capital and potentially influencing shareholder calculations regarding voting rights and interests under 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 focus on prime commercial properties in key Asian cities. The company is known for its portfolio of premium office and retail properties, primarily in Hong Kong and Singapore, and is part of the Jardine Matheson Group.
Average Trading Volume: 43,650
Technical Sentiment Signal: Buy
Current Market Cap: $11.22B
See more insights into HKLD stock on TipRanks’ Stock Analysis page.