Centrica Extends Share Buyback Program with Recent Purchase

Centrica ( (GB:CNA) ) just unveiled an update.

Centrica plc has announced the purchase of 2,947,146 of its own ordinary shares at an average price of 158.53 pence per share, as part of its extended 2024-25 buyback program. This move, executed through Merrill Lynch International, reflects Centrica’s ongoing strategy to manage its capital structure and return value to shareholders, with a total of 132,414,218 shares repurchased since March 2025, costing over £200 million.

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 stock score is driven by strong technical indicators and attractive valuation, indicating potential upside. Financial performance shows improvement but is tempered by historical volatility. The absence of recent earnings call data reduces the impact of guidance and sentiment analysis.

To see Spark’s full report on GB:CNA stock, click here.

More about Centrica

Centrica plc operates in the energy sector, primarily focusing on the supply of electricity and gas. It is listed on the London Stock Exchange and is known for its significant presence in the UK energy market.

Average Trading Volume: 30,072,274

Technical Sentiment Signal: Buy

Current Market Cap: £7.69B

For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.