Hongkong Land (SGX:H78) bought back 440,000 shares on Thursday at a weighted average price of $5.6386 apiece, according to a same-day Singapore bourse filing.
Shares of the company were up nearly 2% in recent trading.
The repurchased shares will be canceled, the real estate developer said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.