Centrica Expands Share Buyback Programme with New Purchase

The latest announcement is out from Centrica ( (GB:CNA) ).

Centrica plc has announced the purchase of 2,571,065 of its own ordinary shares at 163.99 pence each, as part of its extended 2024-25 buyback programme. This transaction, executed through Merrill Lynch International, brings the total shares purchased since March 2025 to 170,087,788, costing over £261 million. The shares will be held as treasury shares, increasing Centrica’s treasury stock to 513,792,560 shares, which may impact the company’s share value and investor perception.

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 robust buyback program and attractive valuation are key strengths, indicating management confidence and potential undervaluation. Improved financial metrics enhance its appeal, despite historical volatility. Technical indicators support a positive outlook. Together, these factors suggest a strong position for future growth.

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 businesses and consumers in the UK and Ireland. The company is also involved in energy services and solutions, aiming to provide sustainable energy options.

Average Trading Volume: 29,421,665

Technical Sentiment Signal: Buy

Current Market Cap: £7.89B

See more insights into CNA stock on TipRanks’ Stock Analysis page.