Hunting PLC Executes Share Buyback, Cancels Shares

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

Hunting PLC has announced the purchase of 107,071 of its ordinary shares as part of its share buyback program initiated on 28 August 2025. The shares were bought at a volume-weighted average price of 322.79 pence, with the highest price paid being 330.00 pence and the lowest at 319.00 pence. The company plans to cancel these shares, which will result in a total of 163,339,760 ordinary shares in issue. This move is expected to impact the company’s market positioning by potentially increasing shareholder value and adjusting the total number of voting rights, which will now be used by shareholders to determine their notification obligations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:HTG) stock is a Buy with a £440.00 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.

Hunting PLC’s stock score of 56 reflects strong revenue growth and a solid balance sheet, counterbalanced by profitability challenges and bearish technical trends. Positive corporate events and a reasonable dividend yield provide some optimism, yet the negative P/E ratio highlights valuation concerns.

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

More about Hunting

Average Trading Volume: 417,582

Technical Sentiment Signal: Buy

Current Market Cap: £500.8M

See more data about HTG stock on TipRanks’ Stock Analysis page.