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Centrica ( (GB:CNA) ) just unveiled an announcement.
Centrica plc has announced the purchase of 1,739,307 of its own ordinary shares at a price of 177.3822 pence per share, as part of the second tranche of its buyback programme. This move is part of a broader strategy to manage its capital structure and return value to shareholders, with a total of 46,480,889 shares purchased since September 2025 at a cost of over £79 million. The shares will be held in treasury, indicating a strategic approach to enhance shareholder value and optimize the company’s financial flexibility.
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 leading energy services and solutions company, primarily engaged in the supply of electricity and gas. The company operates in the UK and Ireland, focusing on providing energy services to residential and business customers.
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.