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Hongkong Land Holdings ( (GB:HKLD) ) has provided an update.
Hongkong Land Holdings Limited announced a market repurchase of 440,000 of its ordinary shares, with prices ranging from US$5.59 to US$5.66 per share, and a weighted average price of US$5.6150. The repurchased shares will be cancelled, and the announcement aligns with the Financial Conduct Authority’s rules, impacting shareholders’ calculations for voting rights and interest notifications.
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 with a focus on prime commercial and residential properties in key Asian cities.
Average Trading Volume: 32,811
Technical Sentiment Signal: Buy
Current Market Cap: $12.4B
See more data about HKLD stock on TipRanks’ Stock Analysis page.