Hongkong Land Holdings ( (GB:HKLD) ) has provided an update.
Hongkong Land Holdings Limited announced a market repurchase of 210,300 of its ordinary shares, with the highest price paid per share being US$4.70 and the lowest at US$4.64. This repurchase, which aligns with the Financial Conduct Authority’s rules, will result in the cancellation of the repurchased shares, potentially affecting the company’s share capital and voting rights structure.
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 key Asian cities, particularly in Hong Kong and Singapore.
YTD Price Performance: 2.35%
Average Trading Volume: 43,650
Technical Sentiment Signal: Sell
Current Market Cap: $10.37B
For an in-depth examination of HKLD stock, go to TipRanks’ Stock Analysis page.