Currys Reduces Share Count with Latest Buyback Tranche

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

Currys plc has continued its previously announced share buyback programme, repurchasing 250,000 ordinary shares on 5 March 2026 at prices between 148.70p and 150.00p, with an average price of 149.53p, for immediate cancellation. Following this latest transaction, the company’s issued share capital stands at 1,105,949,928 ordinary shares, a reduction that marginally increases existing investors’ proportional voting rights and underscores Currys’ ongoing focus on returning capital to shareholders.

The updated share count also sets a new denominator for shareholders when calculating disclosure thresholds under the UK Financial Conduct Authority’s transparency rules. This incremental shrinkage of the equity base may signal management’s confidence in the business and its valuation, while modestly enhancing earnings and voting power per share over time for remaining investors.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £179.00 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-based electrical and electronics retailer, selling consumer technology products such as computers, mobile devices, home appliances and related services across its store estate and online channels. The company targets mass-market consumers and operates in a highly competitive retail environment, where capital allocation and shareholder returns are key investor focus areas.

Average Trading Volume: 4,305,861

Technical Sentiment Signal: Buy

Current Market Cap: £1.58B

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