Centrica Advances Share Buyback Program with Latest Purchase

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

Centrica plc has announced the purchase of 4,238,678 ordinary shares at a price of 166.2484 pence per share, as part of its ongoing share buyback program. This transaction, executed through J.P. Morgan Securities plc, is part of the second tranche of the buyback initiative, which began on 22 September 2025. The company has acquired a total of 120,697,852 shares since the program’s inception, costing approximately £205.5 million. The repurchased shares will be held in treasury, increasing Centrica’s treasury holdings to 469,510,924 shares, while the total number of shares in issue remains at 4,631,096,290. This strategic move is likely to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and providing a return of capital to shareholders.

The most recent analyst rating on (GB:CNA) stock is a Buy with a £203.00 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 engaged in the supply of electricity and gas to consumers and businesses. The company operates in the energy sector and focuses on providing energy solutions and services in the UK and internationally.

Average Trading Volume: 23,236,445

Technical Sentiment Signal: Buy

Current Market Cap: £7.61B

For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.