Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited has repurchased 210,000 of its ordinary shares, with the highest price paid per share being US$6.89 and the lowest US$6.61. The repurchased shares will be cancelled, impacting the company’s issued share capital, which now consists of 2,161,098,126 ordinary shares with voting rights. This move is in line with the Financial Conduct Authority’s rules and may influence shareholder calculations regarding their interests in the company.
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 operates in the property investment, management, and development industry, focusing primarily on commercial and residential properties in key Asian cities. The company is known for its significant presence in Hong Kong and Singapore, where it manages a portfolio of prime office and retail properties.
Average Trading Volume: 6,404
Technical Sentiment Signal: Buy
Current Market Cap: $15.5B
See more insights into HKLD stock on TipRanks’ Stock Analysis page.