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Hunting ( (GB:HTG) ) has issued an update.
Hunting PLC has repurchased 90,092 of its 25 pence ordinary shares on 14 January 2026 under its previously announced share buyback programme, at a volume-weighted average price of 400.41 pence, and intends to cancel all of these shares. Following cancellation, the company’s share capital and voting rights will each stand at 156,952,041 ordinary shares, a reduction that marginally enhances earnings per share and consolidates existing shareholders’ relative stakes while providing updated reference data for regulatory disclosure thresholds under the UK market transparency rules.
The most recent analyst rating on (GB:HTG) stock is a Buy with a £510.00 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 energy services group that primarily provides equipment, technology and support to the global oil and gas industry, with its shares traded on the London Stock Exchange and subject to UK financial market regulation.
Average Trading Volume: 486,656
Technical Sentiment Signal: Buy
Current Market Cap: £590.5M
For a thorough assessment of HTG stock, go to TipRanks’ Stock Analysis page.