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Centrica ( (GB:CNA) ) has issued an announcement.
Centrica plc announced the purchase of 2,332,205 of its own ordinary shares at a price of 166.2200 pence per share, as part of the first tranche of its 2025 buyback programme. This move reflects Centrica’s ongoing efforts to manage its capital structure and return value to shareholders, with the purchased shares being held as treasury shares. Since mid-June 2025, the company has acquired over 15 million shares, indicating a significant commitment to its buyback strategy, which could positively impact shareholder value and market perception.
The most recent analyst rating on (GB:CNA) stock is a Hold with a £160.00 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 boosted by a strong valuation and positive technical indicators, suggesting potential for growth. The extensive share buyback program further supports shareholder value. Financial performance, while improved, shows historical volatility that 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 businesses and consumers in the United Kingdom. It is listed on the London Stock Exchange and operates within the energy sector, focusing on providing energy solutions and services.
Average Trading Volume: 30,785,939
Technical Sentiment Signal: Buy
Current Market Cap: £8.08B
Learn more about CNA stock on TipRanks’ Stock Analysis page.