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Harbour Energy Advances Share Buyback Program

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Harbour Energy Advances Share Buyback Program

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The latest announcement is out from Harbour Energy ( (GB:HBR) ).

Harbour Energy PLC has executed a share buyback program, purchasing 293,362 of its ordinary shares for cancellation. This move is part of a broader strategy announced earlier in August 2025, aimed at reducing the number of shares in circulation, potentially increasing the value of remaining shares and benefiting shareholders. The company’s total number of ordinary shares now stands at 1,433,581,653, and to date, 6,534,538 shares have been bought back under this program.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Spark’s Take on GB:HBR Stock

According to Spark, TipRanks’ AI Analyst, GB:HBR is a Outperform.

Harbour Energy’s strong operational performance and cash flow generation are significant strengths, supported by positive technical indicators. However, profitability challenges and a negative P/E ratio weigh on the valuation. The earnings call provided a positive outlook, but highlighted some operational risks.

To see Spark’s full report on GB:HBR stock, click here.

More about Harbour Energy

Harbour Energy PLC operates in the energy sector, focusing primarily on oil and gas exploration and production. The company is engaged in the development and extraction of hydrocarbons, catering to global energy markets.

Average Trading Volume: 3,331,835

Technical Sentiment Signal: Hold

Current Market Cap: £3.72B

For a thorough assessment of HBR stock, go to TipRanks’ Stock Analysis page.

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