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Hongkong Land Holdings ( (GB:HKLD) ) has issued an announcement.
Hongkong Land Holdings Limited announced a market repurchase of 240,000 of its ordinary shares at prices ranging from US$6.12 to US$6.24, with a weighted average purchase price of US$6.1931. The repurchased shares will be canceled, which may impact the company’s share capital and voting rights structure, providing potential implications for shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:HKLD) stock is a Buy with a $7.30 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 major property investment, management, and development group with a significant presence in Asia. The company focuses on high-quality commercial and residential properties, primarily in Hong Kong, Singapore, and other key Asian cities.
Average Trading Volume: 6,552
Technical Sentiment Signal: Buy
Current Market Cap: $13.46B
See more data about HKLD stock on TipRanks’ Stock Analysis page.