Harbour Energy Cancels Further Shares Under Ongoing Buyback Programme

Harbour Energy ( (GB:HBR) ) just unveiled an announcement.

Harbour Energy has continued executing its share buyback programme, repurchasing 683,922 ordinary shares for cancellation on 23 December 2025 across multiple trading venues at a volume-weighted average price of just over £2 per share. Following this latest tranche, the company’s share count will fall to 1,410,177,163 ordinary shares in issue, and a total of 29,945,595 shares have now been cancelled under the current programme, incrementally enhancing earnings per share and potentially supporting the share price while providing updated reference data for investors monitoring disclosure thresholds under UK transparency rules.

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 Neutral.

Harbour Energy’s overall stock score is driven by strong operational performance and strategic initiatives like share buybacks, which enhance shareholder value. However, the negative P/E ratio and bearish technical indicators weigh on the score. The high dividend yield and positive earnings call sentiment provide some support, but profitability challenges remain a concern.

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

More about Harbour Energy

Harbour Energy plc is an independent oil and gas company listed in London, focused on exploration, development and production activities, with its ordinary shares traded on venues including the London Stock Exchange and related multilateral trading facilities.

Average Trading Volume: 3,214,913

Technical Sentiment Signal: Sell

Current Market Cap: £3.42B

For detailed information about HBR stock, go to TipRanks’ Stock Analysis page.