Hunting Reduces Share Capital with Latest Buyback Tranche

Hunting ( (GB:HTG) ) has issued an announcement.

Hunting PLC has executed another tranche of its previously announced share buyback programme, repurchasing 36,845 ordinary shares at a volume-weighted average price of 445.05 pence through Berenberg on 30 January 2026. The company intends to cancel these shares, reducing its issued share capital and setting the total number of shares and voting rights at 155,865,210, a move that marginally enhances earnings per share and adjusts the denominator used by investors and other stakeholders when calculating notifiable holdings under UK transparency rules.

The most recent analyst rating on (GB:HTG) stock is a Hold with a £449.00 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, with a shareholder base governed under the FCA’s Disclosure Guidance and Transparency Rules. The group operates within a regulated market environment where movements in issued share capital and voting rights are closely monitored by investors and subject to detailed market abuse and transparency regulations.

Average Trading Volume: 498,725

Technical Sentiment Signal: Buy

Current Market Cap: £657.3M

For detailed information about HTG stock, go to TipRanks’ Stock Analysis page.