Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Centrica ( (GB:CNA) ) has issued an announcement.
Centrica plc has announced the purchase of 1,500,000 of its own ordinary shares at a price of 164.9300 pence per share, as part of its 2025 buyback programme. This transaction, executed through Goldman Sachs International, increases the total number of shares held in treasury to 430,881,825. The buyback initiative, which began in June 2025, has seen Centrica acquire over 78 million shares, reflecting the company’s strategy to enhance shareholder value and optimize 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 stock score is primarily influenced by its improved financial performance, evidenced by better profitability and cash flow metrics in 2024. Technical analysis shows a positive trend, although valuation is a concern due to the negative P/E ratio. The company’s corporate actions, such as share buybacks and strategic investments, reflect a commitment to enhancing 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, primarily involved in the energy sector. It engages in the supply of electricity and gas to consumers and businesses, with a focus on the UK market.
Average Trading Volume: 25,512,219
Technical Sentiment Signal: Buy
Current Market Cap: £7.85B
For an in-depth examination of CNA stock, go to TipRanks’ Overview page.