Hongkong Land Cancels 199,300 Shares After Market Buyback
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Hongkong Land Holdings has repurchased and canceled 199,300 shares at a weighted average price of $6.9938, reducing its issued share capital to 2,159,289,126 shares. This buyback allows investors to adjust their regulatory disclosure thresholds. The latest analyst rating for the stock is a Buy with a price target of $7.70. Hongkong Land focuses on prime real estate in Asia, generating revenue from leasing and developing high-end properties.
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