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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings Announces Share Repurchase

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Hongkong Land Holdings ( (GB:HKLD) ) just unveiled an announcement.

Hongkong Land Holdings Limited announced a market repurchase of 213,000 of its ordinary shares, with prices ranging from US$6.32 to US$6.43 per share. The repurchased shares will be cancelled, impacting the company’s share capital and 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 leading property investment, management, and development group with a focus on prime commercial properties in key Asian cities. The company is known for its high-quality office and retail spaces, primarily in Hong Kong and Singapore, and plays a significant role in the real estate market in these regions.

Average Trading Volume: 5,978

Technical Sentiment Signal: Buy

Current Market Cap: $13.83B

Find detailed analytics on HKLD stock on TipRanks’ Stock Analysis page.

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