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Centrica Continues Share Buyback Programme with Latest Purchase

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Centrica Continues Share Buyback Programme with Latest Purchase

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The latest announcement is out from Centrica ( (GB:CNA) ).

Centrica plc announced the purchase of 3,839,569 of its ordinary shares at a price of 160.2300 pence per share, as part of its ongoing 2025 buyback programme. This transaction, conducted through Goldman Sachs International, is part of a larger initiative that has seen the company repurchase over 73 million shares since June 2025. The move is expected to enhance shareholder value and reflects Centrica’s strategic focus on optimizing its capital structure.

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 Neutral.

Centrica’s overall score reflects improved financial performance and strong corporate actions, such as buybacks, suggesting confidence and potential for enhanced shareholder value. However, the negative P/E ratio and historical financial volatility temper the outlook.

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 is listed on the London Stock Exchange and operates within the energy sector, focusing on providing energy solutions and services.

Average Trading Volume: 24,815,765

Technical Sentiment Signal: Buy

Current Market Cap: £7.74B

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

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