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Centrica ( (GB:CNA) ) has shared an announcement.
Centrica plc has executed a share buyback transaction, purchasing 1,254,336 ordinary shares at a price of 162.1700 pence per share, as part of its 2025 buyback programme. This move, facilitated through Goldman Sachs International, is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value.
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 stock score is driven by its improved financial performance and strategic corporate actions, such as share buybacks and investments in infrastructure. However, the negative P/E ratio and historical volatility in financial metrics suggest a need for cautious optimism. The technical analysis supports a stable outlook, while the corporate events significantly enhance shareholder value.
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, operating in the energy sector. It is involved in the supply of electricity and gas, as well as energy-related services, primarily in the UK and Ireland.
Average Trading Volume: 23,861,738
Technical Sentiment Signal: Buy
Current Market Cap: £7.7B
See more data about CNA stock on TipRanks’ Stock Analysis page.