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Hunting Cancels 97,148 Shares Following Buyback Transaction

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Hunting Cancels 97,148 Shares Following Buyback Transaction

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Hunting ( (GB:HTG) ) just unveiled an announcement.

Hunting PLC has repurchased 97,148 of its 25 pence ordinary shares on 15 January 2026 under its previously announced share buyback programme, at a volume-weighted average price of 411.78 pence per share, through Joh. Berenberg, Gossler & Co. KG’s London branch. The company plans to cancel these shares, reducing its share capital and leaving 156,854,893 ordinary shares in issue, which will also become the new total number of voting rights used by shareholders and other market participants for calculating disclosure obligations under UK regulatory rules.

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

Average Trading Volume: 491,855

Technical Sentiment Signal: Buy

Current Market Cap: £611.2M

For an in-depth examination of HTG stock, go to TipRanks’ Overview page.

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