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Hongkong Land Holdings ( (GB:HKLD) ) has issued an announcement.
Hongkong Land Holdings Limited announced the repurchase of 230,000 of its ordinary shares at a weighted average price of US$6.34 per share, with the highest price paid being US$6.43 and the lowest US$6.30. The repurchased shares will be cancelled, impacting the company’s share capital, which now consists of 2,163,898,926 ordinary shares with voting rights, potentially affecting shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.70 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 primarily focuses on commercial and residential properties in key Asian cities, with a significant presence in Hong Kong and Singapore.
Average Trading Volume: 8,566
Technical Sentiment Signal: Buy
Current Market Cap: $13.74B
For detailed information about HKLD stock, go to TipRanks’ Stock Analysis page.