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Hongkong Land Holdings ( (GB:HKLD) ) has issued an announcement.
Hongkong Land Holdings Limited announced a market repurchase of 243,000 of its ordinary shares, with prices ranging from US$6.10 to US$6.21 per share. The repurchase aligns with the company’s financial strategies and impacts its share capital, consisting of over 2.16 billion shares, potentially affecting 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 focus on prime commercial properties in Asian cities, particularly Hong Kong and Singapore.
Average Trading Volume: 6,805
Technical Sentiment Signal: Buy
Current Market Cap: $13.22B
See more insights into HKLD stock on TipRanks’ Stock Analysis page.