Hunting Cancels 70,000 Shares Following Latest Buyback Transaction

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

Hunting PLC has repurchased 70,000 of its 25 pence ordinary shares on 29 January 2026 under its previously announced share buyback programme, at a volume-weighted average price of 455.79 pence. The company plans to cancel these shares, reducing its total shares in issue and voting rights to 155,902,055, a move that marginally concentrates existing shareholders’ ownership stakes and may signal continued focus on capital discipline and shareholder returns, while updating the denominator used for regulatory disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £460.00 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, giving investors exposure to its operations through a widely held equity base. The group’s capital structure and shareholder returns are actively managed, including via on-market share buyback programmes that adjust the number of shares in issue and the total voting rights available to investors.

Average Trading Volume: 503,717

Technical Sentiment Signal: Buy

Current Market Cap: £656M

For a thorough assessment of HTG stock, go to TipRanks’ Stock Analysis page.