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Currys Cancels Further Shares as Buyback Programme Reduces Share Capital

Story Highlights
  • Currys continued its share buyback by purchasing 116,818 shares for cancellation.
  • The buyback reduces share capital to about 1.11 billion shares, boosting holders’ stakes slightly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Currys Cancels Further Shares as Buyback Programme Reduces Share Capital

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Currys plc ( (GB:CURY) ) has shared an announcement.

Currys plc has continued its ongoing share buyback programme, authorised by shareholders at the 2025 AGM, by purchasing 116,818 ordinary shares on 26 January 2026 at prices between 143.30p and 145.90p per share, with an average price of 145.21p. The shares, acquired via Panmure Liberum, will be cancelled, reducing the company’s share capital to 1,110,838,898 ordinary shares in issue and thereby marginally increasing existing investors’ proportional holdings and the company’s earnings per share, while updating the total voting rights figure used for regulatory disclosure purposes.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £155.00 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 GB:CURY Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:CURY stock, click here.

More about Currys plc

Currys plc is a UK-listed retailer specialising in consumer electronics and electrical appliances, selling products such as computers, mobile devices, household appliances and related technology through its store and online channels to mass-market consumers.

Average Trading Volume: 2,987,591

Technical Sentiment Signal: Buy

Current Market Cap: £1.53B

See more data about CURY stock on TipRanks’ Stock Analysis page.

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