Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Harbour Energy ( (GB:HBR) ) has shared an announcement.
Harbour Energy has repurchased 592,753 of its ordinary shares on 7 January 2026 for cancellation as part of the share buyback programme launched in August 2025, at a volume-weighted average price of £1.8898 per share on the London Stock Exchange. Following this latest tranche, the company’s share count will fall to 1,406,558,367 ordinary shares in issue, with a total of 33,564,391 shares now bought back and cancelled under the programme, a move that tightens the share base and underscores management’s ongoing focus on capital returns and balance sheet efficiency for shareholders.
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 exploration and production company listed in London, focused on developing and operating upstream assets and delivering returns to shareholders through disciplined capital allocation, including share buybacks.
Average Trading Volume: 3,399,636
Technical Sentiment Signal: Strong Sell
Current Market Cap: £3.19B
Learn more about HBR stock on TipRanks’ Stock Analysis page.