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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings ( (GB:HKLD) ) has shared an announcement.

Hongkong Land Holdings Limited has repurchased 155,800 of its ordinary shares at prices ranging from US$6.61 to US$6.89, with a weighted average price of US$6.7997. The repurchased shares will be cancelled, impacting the total number of voting rights and 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 prime office and luxury retail properties in key Asian cities, with a significant presence in Hong Kong and Singapore.

Average Trading Volume: 7,504

Technical Sentiment Signal: Buy

Current Market Cap: $14.2B

See more insights into HKLD stock on TipRanks’ Stock Analysis page.

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