Harbour Energy Continues Buyback With Fresh Share Cancellation

An update from Harbour Energy ( (GB:HBR) ) is now available.

Harbour Energy has repurchased 564,766 of its ordinary shares on 8 January 2026 on the London Stock Exchange as part of the share buyback programme launched in August 2025, at a volume-weighted average price of £1.8429 per share, for cancellation. Following this latest transaction, the company’s share count will fall to 1,405,993,601 ordinary shares in issue, with a cumulative 34,129,157 shares now bought back and cancelled under the programme, signalling ongoing capital returns to shareholders and a modest increase in ownership concentration for remaining investors, who may need to reassess 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 is an independent oil and gas company focused on exploration, development and production activities, primarily in the UK North Sea and other international basins, supplying hydrocarbons to energy markets and investors seeking exposure to the upstream energy sector.

Average Trading Volume: 3,399,636

Technical Sentiment Signal: Strong Sell

Current Market Cap: £3.19B

Find detailed analytics on HBR stock on TipRanks’ Stock Analysis page.