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Harbour Energy Concludes Current Share Buyback Programme After Cancelling Over 35 Million Shares

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Harbour Energy Concludes Current Share Buyback Programme After Cancelling Over 35 Million Shares

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

Harbour Energy has completed a tranche of its share buyback programme, repurchasing and cancelling a total of 594,010 ordinary shares on 12 January 2026 across several trading venues, at volume-weighted average prices around £1.95 per share. Following these latest transactions, the company’s share capital stands at 1,404,868,595 ordinary shares in issue, and Harbour has now cancelled an aggregate 35,254,163 shares under this programme, marking the formal conclusion of the current buyback initiative and marginally enhancing remaining shareholders’ proportional ownership.

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 a UK-listed oil and gas company involved in the exploration, production and development of hydrocarbon assets, with its shares traded on the London Stock Exchange and monitored under the UK’s financial disclosure and transparency framework.

Average Trading Volume: 3,384,238

Technical Sentiment Signal: Strong Sell

Current Market Cap: £3.15B

For an in-depth examination of HBR stock, go to TipRanks’ Overview page.

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