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The latest update is out from Hongkong Land Holdings ( (GB:HKLD) ).
Hongkong Land Holdings Limited announced a market repurchase of 243,000 of its ordinary shares, with the highest price paid per share being US$6.19 and the lowest at US$6.12. This strategic move, which results in the cancellation of the repurchased shares, aligns with the company’s efforts to manage its capital structure and potentially enhance shareholder value.
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 operates in the real estate industry, focusing on property investment, management, and development. The company is known for its portfolio of prime commercial properties in key Asian cities, catering to both residential and commercial markets.
Average Trading Volume: 3,900
Technical Sentiment Signal: Buy
Current Market Cap: $13.39B
Learn more about HKLD stock on TipRanks’ Stock Analysis page.
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