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Hongkong Land Holdings ( (GB:HKLD) ) has provided an announcement.
Hongkong Land Holdings Limited has repurchased 247,000 of its ordinary shares, with the highest price paid per share being US$6.11 and the lowest at US$6.03. This repurchase, which will result in the cancellation of the shares, aligns with the company’s strategy to manage its capital structure effectively, potentially impacting shareholder value and market perception.
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 leading property investment, management, and development group with a focus on prime commercial properties in key Asian cities.
Average Trading Volume: 6,805
Technical Sentiment Signal: Buy
Current Market Cap: $13.22B
See more data about HKLD stock on TipRanks’ Stock Analysis page.