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Hunting PLC Cancels 90,242 Shares After Latest Buyback Transaction

Story Highlights
  • Hunting PLC repurchased 90,242 ordinary shares on 3 February 2026 under its ongoing buyback programme.
  • The repurchased shares will be cancelled, reducing voting rights to 155,684,161 and slightly enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hunting PLC Cancels 90,242 Shares After Latest Buyback Transaction

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Hunting ( (GB:HTG) ) has shared an update.

Hunting PLC has repurchased 90,242 of its ordinary shares on 3 February 2026 under its existing share buyback programme, paying a volume-weighted average price of 458.77 pence per share, with trades executed through Berenberg on the London Stock Exchange. The company plans to cancel these shares, reducing the total number of shares and voting rights in issue to 155,684,161, a move that marginally enhances earnings per share and signals continued capital management discipline to investors while updating the denominator for regulatory disclosure thresholds.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £468.00 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 shares trade on the London Stock Exchange. It operates within the broader energy and industrial sector, with its ordinary shares forming the primary instrument through which investors gain exposure to the company’s performance and strategy.

Average Trading Volume: 505,037

Technical Sentiment Signal: Buy

Current Market Cap: £662.1M

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

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