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Centrica ( (GB:CNA) ) just unveiled an announcement.
Centrica plc has announced the purchase of 3,007,770 of its own ordinary shares at a price of 167.9331 pence per share as part of its ongoing buyback program. This move, executed through J.P. Morgan Securities, is part of the second tranche of the buyback initiative announced in September 2025, reflecting Centrica’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (GB:CNA) stock is a Hold with a £182.00 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 strong corporate events, particularly the share buyback program and strategic acquisitions, which enhance shareholder value. However, the score is tempered by a challenging valuation due to a negative P/E ratio and mixed technical indicators.
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 consumers and businesses. The company is a major player in the energy industry, focusing on delivering energy solutions and services across the UK and beyond.
Average Trading Volume: 22,910,766
Technical Sentiment Signal: Buy
Current Market Cap: £7.67B
For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.