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Harbour Energy Expands Share Buyback, Cutting Share Count Further

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Harbour Energy Expands Share Buyback, Cutting Share Count Further

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

Harbour Energy has continued executing its previously announced share buyback programme, repurchasing 530,996 ordinary shares on 9 January 2026 across London trading venues for cancellation. Following this latest tranche, the company’s issued share capital will be reduced to 1,405,462,605 ordinary shares, with a cumulative 34,660,153 shares now bought back and cancelled under the programme, incrementally enhancing earnings per share and potentially supporting shareholder value while requiring some investors to review whether their notifiable holdings thresholds have been affected under UK disclosure 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 a UK-based oil and gas company listed in London, operating as an independent exploration and production group focused on upstream energy assets and associated development activities.

Average Trading Volume: 3,368,659

Technical Sentiment Signal: Strong Sell

Current Market Cap: £3.15B

Learn more about HBR stock on TipRanks’ Stock Analysis page.

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