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The latest announcement is out from Hunting ( (GB:HTG) ).
Hunting PLC has continued to execute its share buyback programme, repurchasing 119,820 ordinary shares on 12 February 2026 at a volume-weighted average price of 485.05 pence. The shares, acquired via Berenberg on the London Stock Exchange, will be cancelled, reducing the company’s share capital and consolidating existing investors’ ownership stakes.
Following the cancellation of these shares, Hunting will have 155,060,929 ordinary shares in issue, which will also represent the total number of voting rights in the company. This updated figure provides the new denominator for shareholders and other parties to assess their notifiable interests under the UK’s Disclosure Guidance and Transparency Rules, and reflects the company’s ongoing capital management strategy.
The most recent analyst rating on (GB:HTG) stock is a Hold with a £483.00 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 energy services group that supplies tools and components to the global oil and gas and wider energy industry. The company focuses on providing precision-engineered products for drilling, subsea, and completion operations to international upstream and midstream markets.
Average Trading Volume: 486,550
Technical Sentiment Signal: Buy
Current Market Cap: £704.5M
Learn more about HTG stock on TipRanks’ Stock Analysis page.