Hunting PLC Cancels Newly Repurchased Shares, Trimming Voting Capital

The latest announcement is out from Hunting ( (GB:HTG) ).

Hunting PLC has repurchased 41,600 of its ordinary shares on 13 March 2026 under its previously announced share buyback programme, at a volume-weighted average price of 495.96 pence. The transaction, executed through Berenberg, reflects ongoing capital management efforts and will reduce the company’s share count once the repurchased stock is cancelled.

Following the cancellation of these shares, Hunting’s issued share capital and total voting rights will stand at 153,511,982 ordinary shares. The updated figure provides a new reference point for investors and other stakeholders when assessing their holdings and disclosure obligations under the UK’s transparency rules.

The most recent analyst rating on (GB:HTG) stock is a Buy with a £588.00 price target. To see the full list of analyst forecasts on Hunting stock, see the GB:HTG Stock Forecast page.

Spark’s Take on HTG Stock

According to Spark, TipRanks’ AI Analyst, HTG is a Outperform.

The score is driven mainly by improved operating performance and strong balance-sheet resilience, reinforced by positive FY26 guidance, a sizeable tender pipeline, and ongoing buybacks/dividend growth plans. Offsetting this are cash-flow volatility (notably the 2025 free-cash-flow decline), order-book visibility near-term, and only moderate valuation support for a cyclical business.

To see Spark’s full report on HTG stock, click here.

More about Hunting

Hunting PLC is a UK-listed energy services group focused on supplying equipment and components to the global oil and gas industry. The company’s shares trade on the London Stock Exchange, where it actively manages its capital structure, including through periodic share buyback programmes.

Average Trading Volume: 619,146

Technical Sentiment Signal: Buy

Current Market Cap: £702.5M

See more insights into HTG stock on TipRanks’ Stock Analysis page.