tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Harbour Energy Continues Share Buyback, Cancels Further 432,090 Shares

Story Highlights
  • Harbour Energy repurchased 432,090 shares on 29 December 2025 for cancellation.
  • Total shares in issue drop to about 1.41 billion after cumulative buybacks exceeding 30 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harbour Energy Continues Share Buyback, Cancels Further 432,090 Shares

Claim 70% Off TipRanks Premium

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

Harbour Energy has continued executing its share buyback programme, repurchasing 432,090 ordinary shares on 29 December 2025 on the London Stock Exchange for subsequent cancellation, at a volume-weighted average price of £1.9574 per share. Following this latest transaction, the company’s total shares in issue will fall to 1,409,551,535, with 30,571,223 shares now bought back and cancelled under the current programme, marginally enhancing remaining shareholders’ ownership stakes and providing updated figures relevant for regulatory disclosure thresholds.

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.

Average Trading Volume: 3,234,013

Technical Sentiment Signal: Sell

Current Market Cap: £3.24B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1