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The latest update is out from Centrica ( (GB:CNA) ).
Centrica plc has announced the purchase of 894,768 of its own ordinary shares at a price of 168.3500 pence per share, as part of its 2025 buyback programme. This transaction, executed through Goldman Sachs International, is part of an ongoing effort to manage the company’s capital structure and return value to shareholders. Following this purchase, Centrica holds 448,015,861 shares in treasury, with 4,809,591,353 shares remaining in issue. This move is expected to impact the company’s share value and market perception positively.
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 is driven by strong technical indicators and positive corporate events, such as share buybacks and strategic acquisitions. However, the negative P/E ratio and historical financial volatility temper the score, suggesting cautious optimism.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a British multinational energy company listed on the London Stock Exchange. It primarily operates in the energy sector, focusing on the supply of electricity and gas to consumers and businesses. The company is involved in energy services and solutions, with a significant market presence in the UK.
Average Trading Volume: 23,523,792
Technical Sentiment Signal: Buy
Current Market Cap: £7.88B
See more data about CNA stock on TipRanks’ Stock Analysis page.