Harbour Energy Advances Share Buyback Programme

Tip Ranks

2025.09.16 06:15

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Harbour Energy PLC has announced the purchase and cancellation of 309,962 ordinary shares as part of its share buyback programme, executed on 15 September 2025. This move aims to manage capital structure and enhance shareholder value, bringing the total shares in issue to 1,432,992,578. To date, 7,123,613 shares have been bought back. Analysts rate the stock as a Buy with a £3.80 price target, citing strong operational performance but noting profitability challenges. The current market cap is £3.71B.

Harbour Energy ( (GB:HBR) ) just unveiled an announcement.

Harbour Energy PLC, a company involved in the energy sector, has announced the purchase and cancellation of 309,962 of its ordinary shares as part of its ongoing share buyback programme. This transaction, executed on 15 September 2025, is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value. The total number of shares in issue after this transaction is 1,432,992,578, and to date, Harbour has purchased 7,123,613 shares in aggregate for cancellation under this programme.

The most recent analyst rating on (GB:HBR) stock is a Buy with a £3.80 price target. To see the full list of analyst forecasts on Harbour Energy stock, see the GB:HBR Stock Forecast page.

Spark’s Take on GB:HBR Stock

According to Spark, TipRanks’ AI Analyst, GB:HBR is a Outperform.

Harbour Energy’s strong operational performance and cash flow generation are significant strengths, supported by positive technical indicators. However, profitability challenges and a negative P/E ratio weigh on the valuation. The earnings call provided a positive outlook, but highlighted some operational risks.