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Hunting ( (GB:HTG) ) has provided an update.
Hunting PLC has repurchased 64,000 of its ordinary shares between 7 and 10 April 2026 under its previously announced share buyback programme, at volume-weighted average prices around 492 pence. The company plans to cancel these shares, reducing the number of ordinary shares and voting rights in issue to 153,230,837, a move that tightens its share capital and may enhance earnings per share and shareholder value.
The updated share count also provides a new reference point for investors and other stakeholders when calculating disclosure thresholds under UK transparency rules. By continuing to execute and report on its buyback activity, Hunting signals ongoing balance-sheet flexibility and an active approach to capital management in line with regulatory requirements.
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 energy services group focused on manufacturing and supplying precision-engineered equipment and services to the global oil and gas industry. The company’s shares trade on the London Stock Exchange, where it actively manages its capital structure through measures such as share buyback programmes.
Average Trading Volume: 633,908
Technical Sentiment Signal: Buy
Current Market Cap: £715.2M
For a thorough assessment of HTG stock, go to TipRanks’ Stock Analysis page.