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The latest announcement is out from Hongkong Land Holdings ( (GB:HKLD) ).
Hongkong Land Holdings Limited announced the repurchase of 240,000 of its ordinary shares at prices ranging from US$6.28 to US$6.48, with a weighted average purchase price of US$6.3908. The repurchased shares will be cancelled, affecting the company’s share capital and potentially influencing shareholder calculations regarding voting rights and interests under the Financial Conduct Authority’s rules.
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 leading property investment, management, and development group. The company primarily focuses on commercial and residential properties in key Asian cities, with a significant presence in Hong Kong and Singapore.
Average Trading Volume: 6,140
Technical Sentiment Signal: Buy
Current Market Cap: $13.39B
Learn more about HKLD stock on TipRanks’ Stock Analysis page.