Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Hongkong Land Holdings ( (GB:HKLD) ) is now available.
Hongkong Land Holdings Limited has repurchased 235,000 of its ordinary shares at a weighted average price of US$6.3742 per share, with the highest price paid being US$6.40 and the lowest US$6.33. The repurchased shares will be cancelled, impacting the company’s share capital, which currently consists of 2,173,430,626 ordinary shares with voting rights. This move aligns with the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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 (HKLH) operates in the property investment, management, and development industry. The company is primarily focused on premium commercial and residential properties across Asia, with a significant presence in Hong Kong, Singapore, and other major Asian cities.
Average Trading Volume: 5,939
Technical Sentiment Signal: Buy
Current Market Cap: $13.85B
For an in-depth examination of HKLD stock, go to TipRanks’ Overview page.