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Centrica ( (GB:CNA) ) has shared an update.
Centrica plc announced the purchase of 4,089,458 of its own ordinary shares at a price of 155.9600 pence per share, which will be held as treasury shares. This transaction is part of the first tranche of the company’s 2025 buyback programme, which was extended earlier in the year. Since June 2025, Centrica has acquired a total of 136,617,545 shares at a cost of £219,591,838.72. The buyback programme is a strategic move to manage the company’s capital structure and potentially enhance shareholder value.
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 Neutral.
Centrica’s overall stock score reflects a mix of improved financial performance and weak technical and valuation metrics. The company’s financial health shows signs of improvement, but historical volatility and a negative P/E ratio weigh heavily on the valuation. Technical indicators also suggest bearish momentum, contributing to a cautious outlook.
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. It is primarily involved in the supply of electricity and gas to businesses and consumers in the UK, Ireland, and North America. The company also provides energy-related services and solutions, focusing on the transition to a lower carbon future.
Average Trading Volume: 20,598,188
Technical Sentiment Signal: Buy
Current Market Cap: £7.24B
See more insights into CNA stock on TipRanks’ Stock Analysis page.