Centrica Adds to Treasury Stock as Buyback Programme Passes £240m Mark

Centrica ( (GB:CNA) ) has shared an announcement.

Centrica has continued execution of the second tranche of its share buyback programme, repurchasing 1,120,369 ordinary shares on 2 January 2026 at a volume-weighted average price of 173.33 pence per share via J.P. Morgan Securities, with the shares to be held in treasury. Since the programme began in September 2025, the group has bought back more than 142 million shares for around £241.8 million, lifting treasury holdings to roughly 455 million shares and reducing the free float to about 4.61 billion shares, a move that tightens the share count and may enhance earnings per share and capital returns for remaining investors.

The most recent analyst rating on (GB:CNA) stock is a Buy with a £203.00 price target. To see the full list of analyst forecasts on Centrica stock, see the GB:CNA Stock Forecast page.

Spark’s Take on GB:CNA Stock

According to Spark, TipRanks’ AI Analyst, GB:CNA is a Neutral.

Centrica’s overall stock score is driven by strong corporate events, particularly the share buyback program and strategic acquisitions, which enhance shareholder value. However, the score is tempered by a challenging valuation due to a negative P/E ratio and mixed technical indicators.

To see Spark’s full report on GB:CNA stock, click here.

More about Centrica

Centrica plc is a UK-based energy company focused on supplying electricity and gas to residential and business customers, as well as providing related energy services. Listed in London, it operates in competitive retail and upstream markets, where capital allocation decisions such as share buybacks are closely watched by investors seeking insight into management’s confidence and balance-sheet strength.

Average Trading Volume: 20,712,350

Technical Sentiment Signal: Buy

Current Market Cap: £7.89B

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