Currys Cancels 199,359 Shares Under Ongoing Buy-Back Programme

Currys plc ( (GB:CURY) ) has provided an update.

Currys plc has continued its ongoing share buy-back programme authorised by shareholders in September 2025, repurchasing 199,359 ordinary shares on 13 March 2026 at prices between 142.70p and 145.00p, with an average price of 144.37p. These shares have been purchased through Panmure Liberum and cancelled, reflecting management’s use of excess capital to reduce the share count.

Following the latest cancellation, Currys now has 1,104,967,348 ordinary shares in issue, which also represents the total voting rights in the company for regulatory disclosure purposes. The reduction in shares outstanding marginally enhances earnings per share for investors and underlines the company’s continued focus on capital returns while potentially supporting its valuation in a competitive retail sector.

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 electricals retailer specialising in consumer electronics, domestic appliances and related services across the UK and selected international markets. The company operates through physical stores and online channels, targeting mass-market consumers and small businesses with a wide range of technology products and after-sales support.

Average Trading Volume: 4,320,459

Technical Sentiment Signal: Buy

Current Market Cap: £1.52B

Learn more about CURY stock on TipRanks’ Stock Analysis page.