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Hunting Cancels 136,234 Shares After Latest Buyback Tranche

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Hunting Cancels 136,234 Shares After Latest Buyback Tranche

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

Hunting PLC has continued to execute its previously announced share buyback programme, repurchasing 136,234 ordinary shares on 20 January 2026 via Berenberg at a volume-weighted average price of 421.33 pence. The repurchased shares will be cancelled, reducing the company’s share capital to 156,577,385 ordinary shares in issue and tightening the pool of voting rights, a move that typically supports capital return objectives and may enhance earnings per share and ownership concentration for remaining shareholders.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £452.00 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 company whose ordinary shares trade on the London Stock Exchange, with a shareholder base governed by the UK’s Disclosure Guidance and Transparency Rules and the Market Abuse Regulation framework.

Average Trading Volume: 496,939

Technical Sentiment Signal: Buy

Current Market Cap: £609.1M

See more data about HTG stock on TipRanks’ Stock Analysis page.

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