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Hunting ( (GB:HTG) ) has issued an announcement.
Hunting PLC has continued executing its recently announced share buyback programme, repurchasing 66,800 ordinary shares between 23 and 27 March 2026 at a volume-weighted average price of 483.07 pence. The purchases were carried out through broker Canaccord Genuity on the London Stock Exchange as part of the company’s previously disclosed capital management strategy.
The company intends to cancel all shares bought back, reducing its total shares in issue and voting rights to 153,344,637. The reduction in share capital is expected to enhance earnings per share and may support the share price, while also providing shareholders and other market participants with a new reference figure for regulatory disclosure thresholds.
The most recent analyst rating on (GB:HTG) stock is a Buy with a £580.00 price target. To see the full list of analyst forecasts on Hunting stock, see the GB:HTG Stock Forecast page.
Spark’s Take on HTG Stock
According to Spark, TipRanks’ AI Analyst, 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 HTG stock, click here.
More about Hunting
Hunting PLC is a UK-listed company operating in the energy services sector, providing equipment and solutions primarily to the global oil and gas industry. The group focuses on manufacturing and supplying precision-engineered products used in drilling, completion and production operations across key international energy markets.
Average Trading Volume: 631,754
Technical Sentiment Signal: Buy
Current Market Cap: £717.9M
See more data about HTG stock on TipRanks’ Stock Analysis page.