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Centrica ( (GB:CNA) ) has issued an update.
Centrica plc has announced the purchase of 2,111,313 of its own ordinary shares at a price of 169.8860 pence per share, as part of its ongoing share buyback program. This transaction, executed through J.P. Morgan Securities, is part of the second tranche of the buyback initiative announced in September 2025. Since the start of this tranche, Centrica has acquired a total of 24,800,015 shares, reflecting a strategic move to consolidate its shareholding and potentially enhance shareholder value.
The most recent analyst rating on (GB:CNA) stock is a Buy with a £200.00 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 and services company. It primarily focuses on the supply of electricity and gas to consumers and businesses, along with energy-related services. The company operates in the energy sector and is a key player in the UK market.
Average Trading Volume: 19,448,439
Technical Sentiment Signal: Buy
Current Market Cap: £7.9B
Find detailed analytics on CNA stock on TipRanks’ Stock Analysis page.