Centrica ( (GB:CNA) ) has provided an announcement.
Centrica plc has announced the purchase of 100,084 ordinary shares at a price of 149.54 pence each, as part of its extended 2024-25 buyback programme. This transaction, executed through Merrill Lynch International, is part of a larger strategy that has seen the company acquire over 44 million shares since March 2025, reflecting Centrica’s commitment to returning value to its shareholders and optimizing its capital structure.
Spark’s Take on GB:CNA Stock
According to Spark, TipRanks’ AI Analyst, GB:CNA is a Outperform.
Centrica’s robust share buyback program and attractive valuation metrics are significant strengths. Despite improved financial performance in 2024, historical volatility and reliance on debt remain concerns. However, technical stability and a strong buyback strategy support a favorable outlook.
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 provides energy services and solutions, focusing on the supply of electricity and gas to consumers and businesses in the UK and beyond.
YTD Price Performance: 12.13%
Average Trading Volume: 28,943,735
Technical Sentiment Signal: Sell
Current Market Cap: £7.31B
For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.