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Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited announced a market repurchase of 235,000 of its ordinary shares, with prices ranging from US$6.37 to US$6.42 per share. The repurchased shares will be cancelled, and this move aligns with the company’s strategy to manage its capital structure effectively. The announcement also provides shareholders with the necessary information to assess their voting rights and any changes in their shareholding interests.
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 leading property investment, management, and development group. The company primarily focuses on prime office and luxury retail properties in key Asian cities, including Hong Kong, Singapore, and Beijing.
Average Trading Volume: 5,343
Technical Sentiment Signal: Buy
Current Market Cap: $13.92B
For detailed information about HKLD stock, go to TipRanks’ Stock Analysis page.