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10 Jun 2025
Hongkong Land Holdings Repurchases 372,700 Shares at Average US$5.45, Cancels Them to Reduce Capital
Summary:
Hongkong Land Holdings Limited (HKLH) executed a share buyback on 9 June 2025, repurchasing 372,700 ordinary shares at an average price of US$5.4547 per share. Key details:
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Transaction Scope: Shares acquired at prices ranging from US$5.41 (low) to US$5.48 (high), totaling approximately US$2.03 million.
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Capital Adjustment: The repurchased shares will be canceled, reducing HKLH’s issued share capital to 2,193,037,326 ordinary shares.
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Regulatory Compliance: The move aligns with the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, with no treasury shares held post-cancellation.