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Hunting PLC Cancels Newly Repurchased Shares, Tightening Equity Base

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Hunting PLC Cancels Newly Repurchased Shares, Tightening Equity Base

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

Hunting PLC has continued to execute its previously announced share buyback programme, repurchasing 69,906 ordinary shares on 26 January 2026 via Berenberg at a volume‑weighted average price of 438.42 pence. The company plans to cancel these shares, reducing its shares in issue and setting the total voting rights at 156,242,885, a move that marginally enhances remaining shareholders’ proportional ownership and clarifies the denominator for regulatory disclosure thresholds under the FCA’s transparency rules.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £464.00 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, with an established base of ordinary shareholders and a focus on active capital management, including share repurchase programmes, as part of its approach to managing its equity structure and voting rights.

Average Trading Volume: 490,466

Technical Sentiment Signal: Buy

Current Market Cap: £656.1M

For a thorough assessment of HTG stock, go to TipRanks’ Stock Analysis page.

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