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Hongkong Land Holdings ( (GB:HKLD) ) has shared an update.
Hongkong Land Holdings Limited announced a market repurchase of 245,000 of its ordinary shares, with the highest price paid per share being US$6.17 and the lowest US$6.11. The repurchased shares will be cancelled, and this move aligns with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, 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. The company primarily focuses on commercial and residential properties across Asia, particularly in Hong Kong and Singapore.
Average Trading Volume: 6,535
Technical Sentiment Signal: Buy
Current Market Cap: $13.25B
For detailed information about HKLD stock, go to TipRanks’ Stock Analysis page.