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Currys Cuts Share Count Further with Latest Buy-Back Tranche

Story Highlights
  • Currys repurchased 1.2 million shares for cancellation, reducing its share count to about 1.10 billion.
  • The latest buy-back tranche adjusts total voting rights and supports Currys’ capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Currys Cuts Share Count Further with Latest Buy-Back Tranche

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

Currys plc has continued its previously announced share buy-back programme, repurchasing 1,199,146 ordinary shares on 26 March 2026 at prices between 117.70p and 123.80p, with an average price of 120.47p, via broker Panmure Liberum. Following the cancellation of these shares, Currys will have 1,102,029,872 ordinary shares in issue, redefining the total voting rights for investors and slightly enhancing remaining shareholders’ proportional ownership.

The updated share count clarifies the new denominator for shareholders assessing disclosure thresholds under the U.K. Financial Conduct Authority’s transparency rules. The buy-back reflects an ongoing capital management strategy that can signal management’s confidence in the company’s valuation while incrementally improving earnings and voting power per share for continuing investors.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £134.00 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 focused on selling consumer electronics and related technology products to retail customers. The company operates primarily through physical stores and online channels, serving mainstream consumers in its core markets.

Average Trading Volume: 4,473,878

Technical Sentiment Signal: Buy

Current Market Cap: £1.23B

Find detailed analytics on CURY stock on TipRanks’ Stock Analysis page.

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