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Centrica ( (GB:CNA) ) has issued an announcement.
Centrica plc has announced the purchase of 1,145,067 of its own ordinary shares at a price of 170.5181 pence per share, as part of its ongoing share buyback program. This move is part of the second tranche of the buyback initiative, which began on September 22, 2025, and aims to enhance shareholder value by reducing the number of shares in circulation. The company now holds 456,672,936 shares in treasury, impacting its share capital structure and potentially influencing market perceptions and shareholder returns.
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 British multinational energy and services company primarily involved in the supply of electricity and gas to consumers and businesses. It operates within the energy sector, focusing on energy production, distribution, and related services.
Average Trading Volume: 22,787,263
Technical Sentiment Signal: Buy
Current Market Cap: £7.79B
For an in-depth examination of CNA stock, go to TipRanks’ Overview page.