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Hunting PLC Cancels Further Shares After Buyback Transaction

Story Highlights
  • Hunting PLC repurchased 87,115 shares on 12 January 2026 under its ongoing buyback programme.
  • The company will cancel these shares, reducing its share count to 157,171,663 and slightly enhancing EPS and voting metrics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hunting PLC Cancels Further Shares After Buyback Transaction

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

Hunting PLC has continued to execute its previously announced share buyback programme, purchasing 87,115 ordinary shares on 12 January 2026 at a volume-weighted average price of 392.76 pence through Berenberg. The company plans to cancel these shares, reducing its total shares in issue and voting rights to 157,171,663, a move that marginally enhances earnings per share and may signal confidence in the company’s valuation to investors while updating the reference figure for regulatory disclosure thresholds.

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. The group operates in the energy services sector, supplying specialist products and services to the global oil and gas industry and related energy markets.

Average Trading Volume: 481,706

Technical Sentiment Signal: Buy

Current Market Cap: £588.8M

For detailed information about HTG stock, go to TipRanks’ Stock Analysis page.

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