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Hunting ( (GB:HTG) ) has shared an announcement.
Hunting PLC has executed another tranche of its previously announced share buyback programme, repurchasing 136,643 ordinary shares at a volume-weighted average price of 392.14 pence through Berenberg on 9 January 2026. The company plans to cancel these shares, reducing its issued share capital and setting the new total of ordinary shares and voting rights at 157,258,778, a move that marginally enhances earnings per share and may signal continued confidence in the company’s valuation while updating the reference figure investors must use for disclosure thresholds under UK transparency rules.
The most recent analyst rating on (GB:HTG) stock is a Hold with a £394.00 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. The group operates in the energy services sector, with its shares actively held and traded by institutional and retail investors who are affected by changes in the company’s capital structure and voting rights.
Average Trading Volume: 477,796
Technical Sentiment Signal: Buy
Current Market Cap: £588.8M
For a thorough assessment of HTG stock, go to TipRanks’ Stock Analysis page.