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Harbour Energy Continues Share Buyback, Cancels Additional 457,450 Shares

Story Highlights
  • Harbour Energy repurchased 457,450 ordinary shares for cancellation as part of its ongoing buyback programme.
  • Total shares in issue drop to about 1.41 billion after buying back over 31 million shares, boosting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harbour Energy Continues Share Buyback, Cancels Additional 457,450 Shares

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

Harbour Energy has continued executing its previously announced share buyback programme, repurchasing 457,450 ordinary shares on 30 December 2025 on the London Stock Exchange for cancellation at a volume-weighted average price of £1.9788 per share. Following this latest transaction, the company’s share count will fall to 1,409,094,085 ordinary shares in issue, with a total of 31,028,673 shares now repurchased under the programme, a move that incrementally enhances earnings per share and signals ongoing capital returns to shareholders while potentially tightening the stock’s free float.

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 oil and gas exploration and production company focused on developing and operating hydrocarbon assets, with its ordinary shares listed and traded on the London Stock Exchange.

Average Trading Volume: 3,227,678

Technical Sentiment Signal: Sell

Current Market Cap: £3.26B

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

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