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An update from Centrica ( (GB:CNA) ) is now available.
Centrica plc announced the purchase of 1,977,812 of its own ordinary shares at an average price of 176.1555 pence per share, as part of its ongoing share buyback program. This move is part of the second tranche of the buyback initiative, which began on 22 September 2025, and aims to enhance shareholder value by reducing the number of shares in circulation. The company has so far acquired over 48 million shares, spending approximately £82.75 million. This strategic action is expected to positively impact the company’s market position and shareholder returns.
The most recent analyst rating on (GB:CNA) stock is a Hold with a £1.85 price target. To see the full list of analyst forecasts on Centrica stock, see the GB:CNA Stock Forecast page.
Spark’s Take on GB:CNA Stock
According to Spark, TipRanks’ AI Analyst, GB:CNA is a Neutral.
Centrica’s overall stock score is driven by its improved financial performance and positive technical indicators. However, the negative P/E ratio and historical volatility in financial metrics suggest caution. The dividend yield adds some value, but the lack of earnings call data and notable corporate events limits further insights.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a British multinational energy and services company, primarily involved in the supply of electricity and gas to businesses and consumers in the UK. The company also provides energy-related services and solutions, focusing on energy efficiency and renewable energy sources.
Average Trading Volume: 20,382,819
Technical Sentiment Signal: Buy
Current Market Cap: £8.29B
For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.