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Centrica ( (GB:CNA) ) has shared an announcement.
Centrica plc has executed a share buyback transaction, purchasing 2,473,833 of its own ordinary shares at a price of 164.4000 pence per share, as part of its 2025 buyback programme. This move, facilitated by Goldman Sachs International, is part of a broader strategy to manage the company’s capital structure and enhance shareholder value, reflecting Centrica’s ongoing commitment to returning capital to shareholders.
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 stock score reflects a strong technical setup and positive corporate actions, particularly the strategic share buybacks, which significantly enhance shareholder value. However, the score is moderated by a challenging valuation due to the negative P/E ratio and historical volatility in financial performance.
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 operating in the energy sector. It engages in the supply of electricity and gas, as well as providing energy-related services to households and businesses in the UK and internationally.
Average Trading Volume: 25,512,219
Technical Sentiment Signal: Buy
Current Market Cap: £7.85B
See more insights into CNA stock on TipRanks’ Stock Analysis page.