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Hunting ( (GB:HTG) ) has issued an update.
Hunting PLC has repurchased 63,395 ordinary shares under its ongoing share buyback programme, paying a volume-weighted average price of 480.57 pence per share through Berenberg on 11 February 2026. The company plans to cancel these shares, reducing its share capital and leaving 155,180,749 ordinary shares in issue, which will also become the new total number of voting rights for regulatory disclosure purposes.
The move continues Hunting’s capital management strategy to return value to shareholders and optimise its balance sheet by shrinking the equity base. The updated voting rights figure provides clarity for investors and other stakeholders that must monitor and report their holdings under the UK’s Disclosure Guidance and Transparency Rules, reinforcing compliance and transparency in the company’s shareholder register.
The most recent analyst rating on (GB:HTG) stock is a Hold with a £483.00 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 an energy services group listed in London that supplies products and technologies to the global oil and gas industry. The company focuses on precision-engineered components and services used across drilling, subsea, and completion operations, positioning it as a specialist supplier to upstream energy markets.
Average Trading Volume: 491,466
Technical Sentiment Signal: Buy
Current Market Cap: £708.6M
For detailed information about HTG stock, go to TipRanks’ Stock Analysis page.