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Hongkong Land Holdings ( (GB:HKLD) ) has shared an announcement.
Hongkong Land Holdings Limited announced a market repurchase of 240,000 of its ordinary shares, with prices ranging from US$6.18 to US$6.23 per share. The repurchased shares will be canceled, affecting the company’s issued share capital, which now consists of 2,177,628,926 ordinary shares. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, providing shareholders with updated figures for determining their interests in the company.
The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.20 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 focuses on prime office and luxury retail properties in key Asian cities, particularly in Hong Kong and Singapore.
Average Trading Volume: 6,466
Technical Sentiment Signal: Buy
Current Market Cap: $13.5B
For an in-depth examination of HKLD stock, go to TipRanks’ Overview page.