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Hunting Cancels 31,875 Shares After Latest Buyback Tranche

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Hunting Cancels 31,875 Shares After Latest Buyback Tranche

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An announcement from Hunting ( (GB:HTG) ) is now available.

Hunting PLC has repurchased 31,875 ordinary shares as part of its ongoing share buyback programme, paying a volume-weighted average price of 511.25 pence and prices ranging between 490.50 pence and 520.00 pence. The company plans to cancel these shares, reducing the number of ordinary shares and voting rights in issue to 153,906,546, which will form the new reference figure for investors’ disclosure calculations under UK transparency rules.

The most recent analyst rating on (GB:HTG) stock is a Buy with a £588.00 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 Outperform.

The score is driven mainly by improved operating performance and strong balance-sheet resilience, reinforced by positive FY26 guidance, a sizeable tender pipeline, and ongoing buybacks/dividend growth plans. Offsetting this are cash-flow volatility (notably the 2025 free-cash-flow decline), order-book visibility near-term, and only moderate valuation support for a cyclical business.

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

More about Hunting

Hunting PLC is an energy services group focused on manufacturing and supplying precision-engineered equipment and components to the global oil and gas industry. The company is listed in London and its shares are actively traded on the London Stock Exchange, where it maintains an ongoing capital management strategy including discretionary share repurchase programmes.

Average Trading Volume: 528,165

Technical Sentiment Signal: Buy

Current Market Cap: £746.9M

Find detailed analytics on HTG stock on TipRanks’ Stock Analysis page.

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