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Centrica ( (GB:CNA) ) has provided an announcement.
Centrica plc announced the purchase of 2,940,605 of its own ordinary shares at a price of 160.7900 pence per share on 24 July 2025. This transaction is part of the first tranche of the company’s 2025 buyback program, which was extended earlier this year. The shares will be held as treasury shares, contributing to a total of 499,271,759 ordinary shares in treasury. This buyback initiative reflects Centrica’s strategic financial management and could potentially enhance shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £150.00 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 Outperform.
Centrica’s strong corporate events, including substantial buybacks and strategic investments, significantly enhance shareholder value and investor confidence. While financial performance shows improvement, historical volatility and mixed technical signals temper the overall outlook. The undervaluation and high dividend yield further support a positive stock assessment.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a company listed on the London Stock Exchange, primarily operating in the energy sector. It is involved in the supply of electricity and gas to businesses and consumers, with a focus on energy services and solutions.
Average Trading Volume: 24,869,256
Technical Sentiment Signal: Buy
Current Market Cap: £7.64B
See more insights into CNA stock on TipRanks’ Stock Analysis page.