Hunting Cancels 130,830 Shares Under Ongoing Buyback Programme

Hunting ( (GB:HTG) ) has issued an announcement.

Hunting PLC has continued to execute its previously announced share buyback programme, repurchasing 130,830 ordinary shares on 27 January 2026 at a volume-weighted average price of 442.75 pence through Berenberg on the London Stock Exchange. The company will cancel these shares, reducing its issued share capital and setting the new total voting rights at 156,112,055, a move that marginally enhances earnings per share and may signal management’s confidence in the group’s valuation while providing clarity for investors on disclosure and transparency calculations.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £464.00 price target. To see the full list of analyst forecasts on Hunting stock, see the GB:HTG Stock Forecast page.

Spark’s Take on GB:HTG Stock

According to Spark, TipRanks’ AI Analyst, GB:HTG is a Neutral.

The score is primarily supported by strong 2024 cash flow and a low-leverage balance sheet, plus shareholder-friendly corporate actions (expanded buybacks) and positive strategic developments. Offsetting these strengths are volatile profitability (2024 loss after 2023 profit) and currently soft technical momentum (negative MACD, RSI below 50).

To see Spark’s full report on GB:HTG stock, click here.

More about Hunting

Hunting PLC is a UK-listed energy services group supplying precision-manufactured components and equipment primarily to the global oil and gas industry. The company focuses on tools and technologies used across the exploration, production and completion value chain, serving international operators and service companies active in both onshore and offshore markets.

Average Trading Volume: 490,466

Technical Sentiment Signal: Buy

Current Market Cap: £656.1M

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