Currys trims share count with latest buyback tranche

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

Currys plc has continued its share buyback programme authorised at its 2025 annual general meeting, repurchasing 221,759 ordinary shares on 4 March 2026 at prices between 146.60p and 150.00p, with an average price of 148.88p. The shares, acquired through broker Panmure Liberum, will be cancelled, reducing the number of shares in issue to 1,106,199,928 and setting the new total voting rights base for investors monitoring their holdings under U.K. disclosure rules.

The latest tranche of the buyback underscores Currys’ ongoing capital management strategy aimed at returning surplus cash to shareholders and potentially enhancing earnings per share by shrinking the equity base. The updated share count also has governance implications, as it becomes the reference point for regulatory reporting of major shareholdings and changes in investors’ voting power.

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 U.K.-listed electricals retailer focused on consumer electronics and related services. The company operates primarily through its Currys brand across the U.K. and Ireland, selling products such as computers, TVs, mobile devices and domestic appliances to retail customers.

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.