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Harbour Energy Continues Share Buyback, Cancels Additional Shares

Story Highlights
  • Harbour Energy repurchased 587,839 shares for cancellation under its ongoing buyback programme.
  • Total shares in issue fall to about 1.41 billion after nearly 33 million shares bought back to date.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harbour Energy Continues Share Buyback, Cancels Additional Shares

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Harbour Energy ( (GB:HBR) ) has provided an update.

Harbour Energy has repurchased 587,839 of its ordinary shares on 6 January 2026 on the London Stock Exchange as part of its ongoing share buyback programme launched in August 2025, with the shares to be cancelled. Following this latest transaction, the company’s total shares in issue will fall to 1,407,151,120, and Harbour has now bought back nearly 33 million shares under the programme, a move that tightens its equity base and may enhance earnings per share while prompting shareholders to review any disclosure obligations 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 energy company listed in London, operating in the oil and gas sector and focused on upstream activities. Its ordinary shares trade on the London Stock Exchange, and it actively manages its capital structure through share buyback programmes.

Average Trading Volume: 3,285,207

Technical Sentiment Signal: Sell

Current Market Cap: £3.26B

See more data about HBR stock on TipRanks’ Stock Analysis page.

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