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Centrica ( (GB:CNA) ) has shared an announcement.
Centrica plc has announced the purchase of 1,765,135 of its own ordinary shares at a price of 154.6700 pence per share, as part of its 2025 buyback programme. This transaction, executed through Goldman Sachs International, is part of the first tranche of the programme’s extension, which was initially announced in February 2025. The shares will be held as treasury shares, contributing to a total of 478,172,692 treasury shares held by Centrica. This move is part of Centrica’s strategic financial management to optimize its capital structure and potentially enhance shareholder value.
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 Neutral.
Centrica’s strong valuation and positive corporate events are offset by weak technical indicators. The company’s improved financial health is promising, but historical volatility requires cautious optimism.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a British multinational energy and services company, primarily involved in the supply of electricity and gas to consumers and businesses. It is listed on the London Stock Exchange and operates within the energy sector, focusing on delivering energy solutions and services across the UK and internationally.
Average Trading Volume: 26,693,641
Technical Sentiment Signal: Buy
Current Market Cap: £7.4B
For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.