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Hunting PLC Cancels Newly Repurchased Shares, Sets Updated Voting Rights Total

Story Highlights
  • Hunting repurchased 104,939 ordinary shares under its ongoing buyback programme at an average 388.72 pence.
  • The repurchased shares will be cancelled, leaving 157,504,825 shares in issue and updating the company’s voting rights base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hunting PLC Cancels Newly Repurchased Shares, Sets Updated Voting Rights Total

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Hunting ( (GB:HTG) ) just unveiled an announcement.

Hunting PLC has repurchased 104,939 of its 25 pence ordinary shares on 6 January 2026 under the share buyback programme launched in August 2025, at a volume-weighted average price of 388.72 pence, through Joh. Berenberg, Gossler & Co. KG’s London branch. The company plans to cancel these shares, reducing its share capital and setting the total number of shares and voting rights at 157,504,825, a move that marginally enhances earnings per share and provides a new denominator for investors monitoring their disclosure thresholds under UK transparency regulations.

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, providing equipment, components and related services to the global oil and gas industry, with a shareholder base subject to UK Financial Conduct Authority disclosure and transparency rules.

Average Trading Volume: 461,752

Technical Sentiment Signal: Buy

Current Market Cap: £580.2M

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

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