Centrica Advances Share Buyback Program with Latest Purchase

Centrica ( (GB:CNA) ) just unveiled an update.

Centrica plc announced the purchase of 2,487,940 of its own ordinary shares at a price of 164.35 pence per share, as part of its ongoing 2024-25 buyback program. This move is part of a broader strategy to manage its capital structure and return value to shareholders, with the company having acquired over 172 million shares since March 2025.

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 robust buyback program and attractive valuation are key strengths, indicating management confidence and potential undervaluation. Improved financial metrics enhance its appeal, despite historical volatility. Technical indicators support a positive outlook. Together, these factors suggest a strong position for future growth.

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, primarily involved in the energy sector. It provides energy services and solutions, focusing on delivering energy to homes and businesses across the UK.

Average Trading Volume: 29,421,665

Technical Sentiment Signal: Buy

Current Market Cap: £7.89B

Find detailed analytics on CNA stock on TipRanks’ Stock Analysis page.