The latest update is out from Centrica ( (GB:CNA) ).
Centrica plc has announced the purchase of 4,271,718 of its own ordinary shares at a price of 140.05 pence per share, as part of its extended 2024-25 buyback program. This move is part of a broader strategy to manage its capital structure and return value to shareholders, with the purchased shares being held as treasury shares. Since March 2025, Centrica has acquired a total of 35,507,912 shares, reflecting a significant investment in its own stock, which may impact its market positioning and shareholder value.
Spark’s Take on GB:CNA Stock
According to Spark, TipRanks’ AI Analyst, GB:CNA is a Outperform.
Centrica’s robust technical indicators and strong valuation metrics are the main strengths, bolstered by a significant share buyback program. However, historical financial volatility and reliance on debt remain concerns.
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 is listed on the London Stock Exchange and operates within the energy sector, focusing on delivering sustainable energy solutions.
YTD Price Performance: 3.44%
Average Trading Volume: 26,625,173
Technical Sentiment Signal: Strong Sell
Current Market Cap: £7.31B
See more insights into CNA stock on TipRanks’ Stock Analysis page.