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Hongkong Land Holdings ( (GB:HKLD) ) has provided an announcement.
Hongkong Land Holdings Limited has announced a market repurchase of 230,000 of its ordinary shares, with prices ranging from US$6.25 to US$6.35 per share. The repurchased shares will be cancelled, impacting the company’s share capital and voting rights, which now consist of 2,164,588,926 ordinary shares. This move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, providing shareholders with updated information for their interest calculations.
The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.70 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 focuses on prime office and luxury retail properties in key Asian cities, particularly in Hong Kong and Singapore.
Average Trading Volume: 5,627
Technical Sentiment Signal: Buy
Current Market Cap: $13.71B
For detailed information about HKLD stock, go to TipRanks’ Stock Analysis page.