Centrica Expands Share Buyback Program with Latest Purchase

An announcement from Centrica ( (GB:CNA) ) is now available.

Centrica plc has announced the purchase of 3,434,600 of its own ordinary shares at a price of 157.85 pence per share, executed through Merrill Lynch International. This transaction is part of the company’s ongoing 2024-25 share buyback program, which was extended in December 2024. Since March 2025, Centrica has acquired over 135 million shares, reflecting a significant investment in its own stock, which could indicate confidence in its market position and future prospects.

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 strong valuation and positive technical indicators are the most significant factors, leading to a robust overall score. The company’s extensive share buyback program and director share purchases further boost confidence in its market positioning. However, historical financial volatility suggests the need for cautious optimism.

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 is known for its provision of electricity and gas services, focusing on both residential and commercial markets.

Average Trading Volume: 30,072,274

Technical Sentiment Signal: Buy

Current Market Cap: £7.69B

See more data about CNA stock on TipRanks’ Stock Analysis page.