Currys reduces share count with latest buy-back tranche

Currys plc ( (GB:CURY) ) just unveiled an announcement.

Currys plc has continued its previously announced share buy-back programme, repurchasing 209,364 ordinary shares on 23 February 2026 at an average price of 156.01 pence per share for cancellation. The transaction, executed via Panmure Liberum, reduces the company’s share count to 1,107,783,933 shares in issue and slightly increases existing shareholders’ percentage ownership by shrinking the overall equity base.

The updated total voting rights figure provides the new denominator for investors assessing disclosure thresholds under U.K. transparency rules. The ongoing buy-back underlines Currys’ capital allocation focus and signals confidence in its balance sheet, while adjusting the stock’s free float and potentially supporting earnings per share over time.

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 U.K.-listed electrical and electronics retailer, focused on selling consumer technology products through its stores and online channels. The company targets mass-market consumers seeking household appliances, computing, entertainment and related services across its core markets.

Average Trading Volume: 3,818,289

Technical Sentiment Signal: Buy

Current Market Cap: £1.64B

For detailed information about CURY stock, go to TipRanks’ Stock Analysis page.