tiprankstipranks
Advertisement
Advertisement

Currys cancels 145,000 shares in ongoing buyback programme

Story Highlights
  • Currys repurchased 145,000 ordinary shares for cancellation under its ongoing buyback programme.
  • The cancellation cuts the share count to about 1.10 billion, slightly boosting EPS and clarifying voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Currys cancels 145,000 shares in ongoing buyback programme

Claim 30% Off TipRanks

The latest update is out from Currys plc ( (GB:CURY) ).

Currys has bought back 145,000 of its own ordinary shares for cancellation as part of the share repurchase programme approved by shareholders in September 2025. The shares were acquired on 16 March at prices between 143.90p and 146.50p, at an average of 145.63p, via broker Panmure Liberum.

Following the cancellation, Currys will have 1,104,822,348 ordinary shares in issue, with no shares held in treasury, which now defines the company’s total voting rights base. The reduced share count marginally enhances earnings per share and signals continued use of capital returns as part of the retailer’s financial strategy, relevant for existing and prospective shareholders tracking their ownership thresholds.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £180.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.

Spark’s Take on CURY Stock

According to Spark, TipRanks’ AI Analyst, CURY is a Outperform.

The score is driven primarily by improving financial performance (better growth, reduced leverage, and strong free cash flow), supported by a low P/E valuation. Technicals are positive due to a strong uptrend, but elevated RSI/Stoch levels indicate momentum is stretched, tempering the overall rating.

To see Spark’s full report on CURY stock, click here.

More about Currys plc

Currys plc is a U.K.-listed consumer electronics and electricals retailer, selling household appliances, computers and related technology products across its store and online networks. The company focuses on mass-market customers, competing on price, range and service in a highly competitive retail sector.

Average Trading Volume: 4,313,546

Technical Sentiment Signal: Buy

Current Market Cap: £1.52B

For a thorough assessment of CURY 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