Hunting Cancels Newly Repurchased Shares, Trimming Share Capital to 157.7m

An update from Hunting ( (GB:HTG) ) is now available.

Hunting PLC has continued to execute its previously announced share buyback programme, repurchasing 27,969 ordinary shares on 2 January 2026 via Berenberg at a volume-weighted average price of 372.39 pence. The company plans to cancel these shares, reducing its total shares in issue and voting rights to 157,692,635, a change that slightly enhances existing shareholders’ proportional ownership and sets a new denominator for investors’ disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £394.00 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 company whose ordinary shares trade on the London Stock Exchange, giving investors voting rights tied to its issued share capital. The company manages its capital structure in part through share repurchase programmes and subsequent cancellation of shares, which affects the total number of shares in issue and the voting rights denominator used by shareholders for regulatory disclosure purposes.

Average Trading Volume: 458,572

Technical Sentiment Signal: Buy

Current Market Cap: £562.2M

Find detailed analytics on HTG stock on TipRanks’ Stock Analysis page.