Centrica Advances 2025 Share Buyback Programme with Recent Purchase

Centrica ( (GB:CNA) ) has shared an update.

Centrica plc announced the purchase of 1,713,670 of its ordinary shares at a price of 167.8400 pence per share, as part of its 2025 buyback programme. This transaction, executed through Goldman Sachs International, reflects Centrica’s ongoing efforts to manage 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 Outperform.

Centrica’s strong technical indicators and strategic corporate events significantly boost its stock attractiveness. Coupled with a compelling valuation, the score reflects its promising market position, despite past financial volatility.

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 in the energy sector. It is involved in the supply of electricity and gas, as well as related services, primarily focusing on the UK market.

Average Trading Volume: 29,142,675

Technical Sentiment Signal: Buy

Current Market Cap: £8B

See more data about CNA stock on TipRanks’ Stock Analysis page.