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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) ) has shared an announcement.

Hongkong Land Holdings Limited (HKLH) has announced a market repurchase of 240,000 of its ordinary shares, with the highest price paid per share being US$6.23 and the lowest US$6.16, resulting in a weighted average purchase price of US$6.1933. These repurchased shares will be cancelled, and the announcement aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, impacting shareholders’ calculations regarding their interests in HKLH.

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

Average Trading Volume: 6,100

Technical Sentiment Signal: Buy

Current Market Cap: $13.35B

See more insights into HKLD stock on TipRanks’ Stock Analysis page.

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