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Centrica ( (GB:CNA) ) has issued an announcement.
Centrica plc has announced the purchase of 1,136,288 of its own ordinary shares at a price of 170.8506 pence each, which will be held as treasury shares. This transaction is part of the second tranche of the company’s buyback program, which has seen a total purchase of 103,181,998 shares since September 2025, costing £176,086,712.21. The buyback program is likely to impact Centrica’s financial structure by potentially increasing shareholder value and optimizing capital allocation.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £198.00 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 is driven by its improved financial performance and positive technical indicators. However, the negative P/E ratio and historical volatility in financial metrics suggest caution. The dividend yield adds some value, but the lack of earnings call data and notable corporate events limits further insights.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a leading energy and services company, primarily involved in the supply of electricity and gas to consumers and businesses. It operates in the UK and Ireland, focusing on providing energy solutions and services to enhance energy efficiency and sustainability.
Average Trading Volume: 22,434,950
Technical Sentiment Signal: Buy
Current Market Cap: £7.83B
For an in-depth examination of CNA stock, go to TipRanks’ Overview page.