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An announcement from Hongkong Land Holdings ( (GB:HKLD) ) is now available.
Hongkong Land Holdings Limited (HKLH) announced a market repurchase of 321,300 of its ordinary shares, with prices ranging from US$5.23 to US$5.27 per share, and a weighted average purchase price of US$5.2544. The repurchased shares will be cancelled, and the company’s issued share capital now consists of 2,197,957,026 ordinary shares with voting rights. This action aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, providing shareholders with a clear denominator for calculating their interests in the company.
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
Average Trading Volume: 52,320
Technical Sentiment Signal: Buy
Current Market Cap: $11.5B
For an in-depth examination of HKLD stock, go to TipRanks’ Stock Analysis page.