tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Currys Reduces Share Capital with Latest Tranche of Buyback

Story Highlights
Currys Reduces Share Capital with Latest Tranche of Buyback

Claim 50% Off TipRanks Premium

An announcement from Currys plc ( (GB:CURY) ) is now available.

Currys plc has continued its ongoing share buyback programme, authorised by shareholders at the 2025 AGM, by repurchasing 199,389 ordinary shares on 28 January 2026 at an average price of 147.17 pence per share for cancellation. Following this latest transaction, the company’s issued share capital has been reduced to 1,110,499,104 ordinary shares, with no shares held in treasury, thereby marginally increasing existing investors’ proportional holdings and setting a new total voting rights figure for use in regulatory disclosure calculations under the FCA’s transparency rules.

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 specialist in electrical and technology retailing, selling consumer electronics and related services across its store and online networks. The group focuses on mass-market customers, offering products such as household appliances, computing, mobile, and audiovisual equipment in highly competitive retail markets.

Average Trading Volume: 3,009,952

Technical Sentiment Signal: Buy

Current Market Cap: £1.53B

See more data about CURY stock on 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