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Currys Reduces Share Count with Latest Buyback, Updates Voting Rights

Story Highlights
  • Currys cancelled 349,992 shares under its buyback, leaving 1.107 billion in issue.
  • The reduced share count boosts existing holders and resets total voting rights for disclosures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Currys Reduces Share Count with Latest Buyback, Updates Voting Rights

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

Currys has repurchased 349,992 of its own ordinary shares for cancellation as part of its ongoing share buyback programme authorised at the 2025 annual general meeting, paying an average price of 159.5 pence per share. Following this latest transaction, the company’s issued share capital stands at 1,107,433,941 ordinary shares, which now represents the total voting rights, marginally enhancing earnings per share and consolidating existing shareholders’ ownership stakes.

The reduction in share count underscores Currys’ continued use of excess capital for buybacks, signalling management confidence in the business and its valuation. For investors, the updated total voting rights figure serves as the new reference point for calculating disclosure thresholds under UK financial transparency rules, while potentially supporting the share price through lower equity supply.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £175.00 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, operating large-format stores and online platforms focused on consumer technology and household appliances. The group targets mass-market customers seeking branded products, installation services and after-sales support across the UK and selected international markets.

Average Trading Volume: 4,076,572

Technical Sentiment Signal: Buy

Current Market Cap: £1.66B

For an in-depth examination of CURY stock, go to TipRanks’ Overview page.

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