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Hunting Cancels 57,700 Shares After Latest Buyback Tranche

Story Highlights
  • Hunting PLC repurchased 57,700 ordinary shares under its ongoing buyback programme.
  • The repurchased shares will be cancelled, reducing total shares and voting rights to 156,713,619.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hunting Cancels 57,700 Shares After Latest Buyback Tranche

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

Hunting PLC has repurchased 57,700 of its 25 pence ordinary shares on 19 January 2026 under its ongoing share buyback programme, at a volume-weighted average price of 407.95 pence, through broker Joh. Berenberg, Gossler & Co. KG’s London branch. The company plans to cancel the shares, reducing the number of ordinary shares and voting rights in issue to 156,713,619, a move that marginally enhances per-share metrics and signals continued capital management aimed at returning value to shareholders and tightening the company’s free float.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £442.00 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 shares trade on the London Stock Exchange, with an established base of ordinary shareholders and a capital structure managed in line with FCA Disclosure Guidance and Transparency Rules.

Average Trading Volume: 492,731

Technical Sentiment Signal: Buy

Current Market Cap: £613.6M

See more insights into HTG stock on TipRanks’ Stock Analysis page.

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