Hunting PLC Cancels 90,807 Shares Following Buyback

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

Hunting PLC has repurchased 90,807 of its 25 pence ordinary shares on 2 February 2026 under its previously announced share buyback programme, at a volume-weighted average price of 441.12 pence, with trades executed by Joh. Berenberg, Gossler & Co. KG’s London branch. The company intends to cancel these shares, leaving 155,774,403 ordinary shares and voting rights in issue, a move that marginally enhances earnings per share and alters the denominator used by investors and other obliged parties when calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £466.00 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, with its shareholder base governed by the FCA’s Disclosure Guidance and Transparency Rules regarding voting rights and notification obligations.

Average Trading Volume: 498,725

Technical Sentiment Signal: Buy

Current Market Cap: £657.3M

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