Hunting PLC Cancels 60,000 Shares After Buyback Trade

The latest announcement is out from Hunting ( (GB:HTG) ).

Hunting PLC has repurchased 60,000 ordinary shares as part of its ongoing share buyback programme, at a volume-weighted average price of 505.69 pence, with trades executed through Berenberg on the London Stock Exchange. The company will cancel these shares, reducing the number of ordinary shares and voting rights in issue to 153,553,582, which may marginally enhance earnings per share and alter ownership thresholds relevant for regulatory disclosure obligations.

The most recent analyst rating on (GB:HTG) stock is a Buy with a £588.00 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 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 GB:HTG stock, click here.

More about Hunting

Hunting PLC is an energy services group focused on the upstream oil and gas sector, providing precision-engineered equipment and related services to exploration and production companies worldwide. Listed in London, the company actively manages its capital structure, including through periodic share repurchase programmes to adjust its equity base and return capital to shareholders.

Average Trading Volume: 612,203

Technical Sentiment Signal: Buy

Current Market Cap: £729.2M

See more data about HTG stock on TipRanks’ Stock Analysis page.