tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Currys Reduces Share Count with Latest Buy-Back Transaction

Story Highlights
Currys Reduces Share Count with Latest Buy-Back Transaction

Claim 50% Off TipRanks Premium

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

Currys plc has continued its previously announced share buy-back programme, purchasing 71,377 ordinary shares on 22 January 2026 at prices between 138.80p and 140.00p per share, with an average price of 139.66p. These shares will be cancelled, reducing the number of ordinary shares in issue to 1,111,255,716 and setting the new total voting rights for regulatory disclosure purposes, a move that incrementally enhances earnings per share and may signal management’s confidence in the company’s valuation to investors.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £160.00 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 consumer electronics and electrical goods retailer, selling products such as computers, TVs, domestic appliances and related technology through its stores and online channels, primarily serving retail customers in the UK and other selected markets.

Average Trading Volume: 2,961,338

Technical Sentiment Signal: Buy

Current Market Cap: £1.32B

Learn more 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