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Hongkong Land Holdings ( (GB:HKLD) ) has provided an announcement.
Hongkong Land Holdings Limited has repurchased 230,000 of its ordinary shares at prices ranging from US$6.31 to US$6.58, with a weighted average price of US$6.5202. The repurchased shares will be cancelled, impacting the company’s issued share capital, which now consists of 2,164,358,926 ordinary shares. This move aligns with the company’s strategic financial management, potentially affecting shareholder calculations regarding voting rights and share interest notifications.
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. It operates in the real estate industry, focusing on prime commercial properties in key Asian cities, particularly in Hong Kong and Singapore.
Average Trading Volume: 8,512
Technical Sentiment Signal: Buy
Current Market Cap: $14.24B
See more insights into HKLD stock on TipRanks’ Stock Analysis page.