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Hongkong Land Holdings Executes Share Repurchase

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Hongkong Land Holdings Executes Share Repurchase

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An announcement from Hongkong Land Holdings ( (GB:HKLD) ) is now available.

Hongkong Land Holdings Limited announced a market repurchase of 240,000 of its ordinary shares, with prices ranging from US$5.99 to US$6.08 per share, and a weighted average purchase price of US$6.0149. The repurchased shares will be cancelled, impacting the company’s share capital and potentially affecting shareholder calculations regarding voting rights and interests.

The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.30 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. It operates primarily in Hong Kong and other Asian cities, focusing on commercial and residential properties.

Average Trading Volume: 6,013

Technical Sentiment Signal: Buy

Current Market Cap: $13.11B

See more insights into HKLD stock on TipRanks’ Stock Analysis page.

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