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Hongkong Land Holdings ( (GB:HKLD) ) has shared an announcement.
Hongkong Land Holdings Limited announced the repurchase of 240,000 of its ordinary shares at prices ranging from US$6.10 to US$6.18, with a weighted average price of US$6.1411 per share. The repurchased shares will be cancelled, which may impact the company’s share capital and voting rights structure, providing shareholders with updated figures for calculating their interests in accordance with regulatory guidelines.
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
Hongkong Land Holdings Limited is a major property investment, management, and development group. The company primarily focuses on commercial and residential properties in key Asian cities, with a strong presence in Hong Kong and Singapore.
Average Trading Volume: 3,722
Technical Sentiment Signal: Buy
Current Market Cap: $13.47B
Learn more about HKLD stock on TipRanks’ Stock Analysis page.