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

Centrica plc has announced the purchase of 2,060,640 of its own ordinary shares at a price of 164.4100 pence per share, as part of its 2025 buyback programme. This transaction, conducted through Goldman Sachs International, is a continuation of the company’s strategy to enhance shareholder value, with a total of 89,083,262 shares purchased since June 2025, costing approximately £143.8 million.

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 overall score is driven by its strong corporate actions, including a significant share buyback program and strategic investments, which enhance shareholder value. The technical indicators support a positive trend, although the valuation is a concern due to negative earnings. Financial performance shows improvement but is tempered by historical volatility.

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 focuses on providing energy services and solutions, with a significant presence in the UK market.

Average Trading Volume: 24,188,957

Technical Sentiment Signal: Buy

Current Market Cap: £7.83B

See more insights into CNA stock on TipRanks’ Stock Analysis page.

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