Back 10 Jun 2025

Hongkong Land Holdings Repurchases 372,700 Shares at Average US$5.45, Cancels Them to Reduce Capital

Link: https://links.sgx.com/1.0.0/corporate-announcements/I8UA1GX05JQB5C48/142efa1bba17f13d1d341a68868b291354e3e06aaf1a5971d26dd33d64bba342

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:

  • Transaction Scope: Shares acquired at prices ranging from US$5.41 (low) to US$5.48 (high), totaling approximately US$2.03 million.

  • Capital Adjustment: The repurchased shares will be canceled, reducing HKLH’s issued share capital to 2,193,037,326 ordinary shares.

  • Regulatory Compliance: The move aligns with the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, with no treasury shares held post-cancellation.