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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings Announces Share Repurchase

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An update from Hongkong Land Holdings ( (GB:HKLD) ) is now available.

Hongkong Land Holdings Limited announced a market repurchase of 230,000 of its ordinary shares, with the highest price paid per share being US$6.34 and the lowest US$6.27. The repurchased shares will be cancelled, affecting the company’s issued share capital, which now consists of 2,165,048,926 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. It operates primarily in Hong Kong and throughout Asia, focusing on high-quality commercial and residential properties.

Average Trading Volume: 5,627

Technical Sentiment Signal: Buy

Current Market Cap: $13.71B

Find detailed analytics on HKLD stock on TipRanks’ Stock Analysis page.

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