tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Centrica Extends Share Buyback with Further Treasury Purchase

Story Highlights
  • Centrica bought 1.15 million shares on 29 December under its ongoing buyback, to be held in treasury.
  • The company has repurchased about 139 million shares since September, spending £235.9 million and significantly increasing treasury holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centrica Extends Share Buyback with Further Treasury Purchase

Claim 70% Off TipRanks Premium

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

Centrica plc has continued executing the second tranche of its share buyback programme, repurchasing 1,154,459 ordinary shares on 29 December 2025 at an average price of 168.7104 pence per share through J.P. Morgan Securities, with the shares to be held in treasury. Since the buyback’s launch on 22 September 2025, the company has acquired 138,937,301 shares for approximately £235.9 million, leaving 4,612,865,097 shares in issue excluding 452,037,867 shares now held in treasury, underscoring management’s ongoing capital return to shareholders and its active management of the company’s equity base.

The most recent analyst rating on (GB:CNA) stock is a Buy with a £203.00 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 Neutral.

Centrica’s overall stock score is driven by strong corporate events, particularly the share buyback program and strategic acquisitions, which enhance shareholder value. However, the score is tempered by a challenging valuation due to a negative P/E ratio and mixed technical indicators.

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

More about Centrica

Centrica plc is a UK-based energy services and supply company, best known as the owner of British Gas, providing electricity, gas and related energy solutions to residential and business customers primarily in the UK and Ireland.

Average Trading Volume: 21,149,843

Technical Sentiment Signal: Buy

Current Market Cap: £7.63B

For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1