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Hongkong Land Holdings Announces Share Repurchase and Capital Adjustment

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Hongkong Land Holdings Announces Share Repurchase and Capital Adjustment

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

Hongkong Land Holdings Limited announced a repurchase of 240,000 of its ordinary shares at a weighted average price of US$6.22 per share, with the highest price paid being US$6.34 and the lowest US$6.17. The repurchased shares will be canceled, affecting the company’s total issued share capital, which now consists of 2,182,691,926 ordinary shares. This move is in line with the company’s strategic capital management practices and may impact shareholder calculations regarding voting rights and interests.

More about Hongkong Land Holdings

Hongkong Land Holdings Limited is a major property investment, management, and development group with a focus on prime commercial properties in Asian cities, particularly in Hong Kong and Singapore.

For an in-depth examination of HKLD stock, go to TipRanks’ Overview page.

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