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Centrica ( (GB:CNA) ) has issued an update.
Centrica plc has announced the purchase of 1,100,000 of its own ordinary shares at a price of 164.0000 pence per share, as part of the first tranche of its 2025 buyback programme. This move is part of a larger strategy to manage its share capital and enhance shareholder value, with the purchased shares being held as treasury shares. Since June 2025, Centrica has acquired a total of 149,888,141 ordinary shares, reflecting a significant investment in its own stock, which could have implications for its market positioning and shareholder confidence.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £1.90 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 reflects a mix of improved financial performance and weak technical and valuation metrics. The company’s financial health shows signs of recovery, but historical volatility and current bearish technical indicators weigh heavily on the score. The negative P/E ratio further impacts the valuation outlook.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a British multinational energy and services company, primarily involved in the supply of electricity and gas to consumers and businesses. It operates in the energy industry, focusing on energy production, distribution, and related services.
Average Trading Volume: 19,760,326
Technical Sentiment Signal: Buy
Current Market Cap: £7.8B
For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.