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The latest update is out from Hongkong Land Holdings ( (GB:HKLD) ).
Hongkong Land Holdings Limited announced a market repurchase of 493,000 of its ordinary shares, with prices ranging from US$5.01 to US$5.12 per share. The repurchased shares will be cancelled, and the company’s issued share capital now consists of 2,201,163,526 ordinary shares, each with one voting right. This move aligns with the Financial Conduct Authority’s rules, potentially impacting shareholder calculations regarding 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: 43,650
Technical Sentiment Signal: Buy
Current Market Cap: $11.05B
For an in-depth examination of HKLD stock, go to TipRanks’ Stock Analysis page.