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Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited has announced the repurchase of 230,000 of its ordinary shares, with the highest price paid per share being US$6.56 and the lowest US$6.50. This strategic move, which aligns with the company’s capital management strategy, will result in the cancellation of these shares, potentially impacting the company’s share capital and voting rights structure.
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 prime commercial properties in key Asian cities, providing high-quality office and retail spaces.
Average Trading Volume: 5,935
Technical Sentiment Signal: Buy
Current Market Cap: $14.21B
See more insights into HKLD stock on TipRanks’ Stock Analysis page.