Hunting PLC Launches $40 Million Share Buyback Program
The precision engineering group has announced a $40 million share buyback program, reflecting its strong financial position and confidence in the business's future prospects.
The precision engineering group has announced a $40 million share buyback program, reflecting its strong financial position and confidence in the business's future prospects.
The energy services provider reported strong H1 results with improved EBITDA and cash position. However, market uncertainties and potential growth slowdown temper the outlook.
The precision engineering group is restructuring its EMEA operations and consolidating its UK OCTG manufacturing to improve profitability.
The major shareholder UBS Group AG has reduced its stake in the oil and gas equipment company Hunting PLC below the 5% reporting threshold.
The major shareholder UBS Group AG has increased its stake in the oil and gas equipment company Hunting PLC.
The major shareholder UBS Group AG has reduced its stake in the oil and gas equipment company Hunting PLC below the 5% reporting threshold.
The major shareholder UBS Group AG has increased its stake in the oil and gas equipment company Hunting PLC.
The major shareholder UBS Group AG has reduced its stake in the oil and gas equipment company Hunting PLC below the 5% reporting threshold.
The energy equipment and services company has received a notification of a major shareholding change.
The precision engineering group has secured a $31 million contract to supply titanium stress joints for a deepwater gas development project in the Turkish area of the Black Sea, demonstrating the strong demand for the company's specialized subsea products.