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Centrica ( (GB:CNA) ) has provided an update.
Centrica plc has announced the purchase of 1,984,685 of its own ordinary shares at a price of 163.6000 pence per share, as part of its 2025 buyback programme. This transaction, executed through Goldman Sachs International, reflects Centrica’s ongoing strategy to manage its capital structure and enhance shareholder value, holding a total of 452,512,257 shares in treasury following the purchase.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £200.00 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 overall stock score is driven by strong corporate events and technical analysis, indicating positive market momentum and strategic capital management. However, the negative P/E ratio and historical financial volatility temper the overall outlook.
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, operating primarily in the energy sector. It is involved in the production and supply of electricity and gas, serving a broad market in the UK and internationally.
Average Trading Volume: 22,609,948
Technical Sentiment Signal: Buy
Current Market Cap: £7.7B
For an in-depth examination of CNA stock, go to TipRanks’ Overview page.