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Centrica ( (GB:CNA) ) just unveiled an announcement.
Centrica plc has announced the purchase of 1,117,023 of its own ordinary shares at an average price of 174.1858 pence per share, as part of its ongoing share buyback program. This transaction is part of the second tranche of the buyback initiative, which began on September 22, 2025, and aims to enhance shareholder value by reducing the number of shares in circulation. Since the start of the program, Centrica has acquired over 35 million shares, reflecting a significant investment in its own equity, which could potentially improve earnings per share and provide a positive signal to the market.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £210.00 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 reflects a mix of improved financial performance and weak technical and valuation metrics. The company’s financial health shows signs of recovery, but historical volatility and current bearish technical indicators weigh heavily on the score. The negative P/E ratio further impacts the valuation outlook.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a British multinational energy company, primarily engaged in the supply of electricity and gas to consumers and businesses in the UK and Ireland. It operates in the energy services sector, focusing on energy production, distribution, and related services.
Average Trading Volume: 20,376,468
Technical Sentiment Signal: Buy
Current Market Cap: £7.89B
Learn more about CNA stock on TipRanks’ Stock Analysis page.