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Harbour Energy ( (GB:HBR) ) has shared an announcement.
Harbour Energy announced a $100 million share buyback program to reduce its share capital, with all repurchased shares to be canceled. The program, executed by Merrill Lynch International, will run from August 8, 2025, to March 31, 2026, and is expected to impact the company’s financial structure and shareholder value positively.
The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.60 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 score is driven by its strong revenue growth and positive earnings call sentiment, tempered by technical bearish signals and valuation concerns due to profitability challenges. Corporate events contribute positively, reflecting strategic positioning and future growth potential.
To see Spark’s full report on GB:HBR stock, click here.
More about Harbour Energy
Harbour Energy, established in 2014, is one of the world’s largest independent oil and gas companies, with operations in Norway, the UK, Germany, Argentina, and North Africa. The company produces over 450,000 barrels of oil equivalent per day and focuses on low GHG emissions intensity and CO2 storage in Europe. Harbour Energy is headquartered in London and employs approximately 3,400 people.
Average Trading Volume: 2,236,824
Technical Sentiment Signal: Sell
Current Market Cap: £3.32B
Find detailed analytics on HBR stock on TipRanks’ Stock Analysis page.