tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Centrica Advances Share Buyback Program with Latest Share Purchase

Story Highlights
Centrica Advances Share Buyback Program with Latest Share Purchase

TipRanks Black Friday Sale

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

Centrica plc has announced the purchase of 3,398,444 of its own ordinary shares at a price of 171.6120 pence per share, as part of its ongoing share buyback program. This purchase is part of the second tranche of the program, which began on 22 September 2025, and aims to enhance shareholder value by reducing the number of shares in circulation. The company has acquired a total of 75,246,222 shares since the program’s inception, reflecting a strategic move to manage its capital structure and potentially increase earnings per share.

The most recent analyst rating on (GB:CNA) stock is a Hold with a £1.85 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. The company focuses on energy production, distribution, and related services, with a significant presence in the UK market.

Average Trading Volume: 20,265,267

Technical Sentiment Signal: Buy

Current Market Cap: £7.96B

For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1