UK's Hunting launches $40 million buyback, hikes dividend growth target
09/07/2025 09:09
July 9 (Reuters) - British energy services firm Hunting Plc HTG.L said on Wednesday it would commence a $40 million share repurchase programme and target higher annual dividend growth, helping its shares surge nearly 13%. Hunting said it now plans to grow its annual dividend by 13%, up from its prior target of over 10%. It also reaffirmed its 2025 core earnings forecast of between $135 million and $145 million. (Reporting by Ankita Bora in Bengaluru) ((Ankita.Bora@thomsonreuters.com;))