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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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