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Hongkong Land Holdings Executes Share Repurchase

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Hongkong Land Holdings Executes Share Repurchase

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An announcement from Hongkong Land Holdings ( (GB:HKLD) ) is now available.

Hongkong Land Holdings Limited announced the repurchase of 240,000 of its ordinary shares, with prices ranging from US$6.11 to US$6.19 per share. The repurchased shares will be cancelled, affecting the total number of voting rights, which shareholders can use to determine their notification requirements 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 major property investment, management, and development group. The company primarily focuses on prime commercial properties in Asian cities, particularly in Hong Kong and Singapore.

Average Trading Volume: 6,381

Technical Sentiment Signal: Buy

Current Market Cap: $13.36B

Learn more about HKLD stock on TipRanks’ Stock Analysis page.

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