Hunting Reduces Share Capital with Latest Buyback and Cancellation

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

Hunting PLC has repurchased 47,545 ordinary shares at a volume-weighted average price of 481.96 pence under its ongoing share buyback programme, executed through Berenberg on 16 March 2026. The company plans to cancel these shares, reducing its issued share capital and leaving 153,464,437 ordinary shares in issue, which will also become the new total number of voting rights for regulatory disclosure purposes.

The share cancellation marginally increases existing shareholders’ proportional ownership and may signal continued confidence by the board in the company’s valuation and cash generation. The updated voting rights figure provides a revised reference point for investors and other stakeholders when assessing disclosure thresholds under U.K. 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 an energy services group listed in London, focused on providing equipment and services to the global oil and gas industry. The company’s operations span the supply of precision-engineered products and related technologies that support exploration and production activity in key international markets.

Average Trading Volume: 614,467

Technical Sentiment Signal: Buy

Current Market Cap: £703.8M

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