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The latest update is out from Hongkong Land Holdings ( (GB:HKLD) ).
Hongkong Land Holdings Limited announced a market repurchase of 230,000 of its ordinary shares, with the highest price paid per share being US$6.42 and the lowest US$6.28. The repurchased shares will be cancelled, impacting the company’s share capital, which now consists of 2,165,278,926 ordinary shares with voting rights. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, providing shareholders with updated information for calculating their interests in the company.
The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.30 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. The company focuses on prime office and luxury retail properties in key Asian cities, particularly Hong Kong and Singapore.
Average Trading Volume: 5,864
Technical Sentiment Signal: Buy
Current Market Cap: $13.9B
For an in-depth examination of HKLD stock, go to TipRanks’ Overview page.