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Hongkong Land Holdings Executes Share Repurchase

Story Highlights
  • Hongkong Land Holdings repurchased 475,000 shares at prices between US$5.22 and US$5.30.
  • The repurchase affects shareholder interest calculations under Financial Conduct Authority rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hongkong Land Holdings Executes Share Repurchase

Confident Investing Starts Here:

The latest announcement is out from Hongkong Land Holdings ( (GB:HKLD) ).

Hongkong Land Holdings Limited announced a market repurchase of 475,000 of its ordinary shares, with the highest price paid per share being US$5.30 and the lowest at US$5.22. The repurchased shares will be cancelled, and the company has provided updated information on its issued share capital, which consists of 2,197,185,026 ordinary shares with voting rights. This move may impact shareholder calculations regarding their interests under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:HKLD) stock is a Hold with a $4.80 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 commercial properties in key Asian cities, particularly in Hong Kong and Singapore.

Average Trading Volume: 65,350

Technical Sentiment Signal: Buy

Current Market Cap: $11.58B

Learn more about HKLD stock on TipRanks’ Stock Analysis page.

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