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Centrica ( (GB:CNA) ) has shared an announcement.
Centrica plc has announced the purchase of 1,990,258 of its own ordinary shares at an average price of 168.7173 pence per share, as part of its ongoing share buyback program. This transaction is part of a broader strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share. Since the initiation of the buyback program on 22 September 2025, Centrica has acquired a total of 30,786,308 shares, reflecting a significant investment in its own stock. This move is likely to impact the company’s financial structure and could influence market perceptions positively, signaling confidence in its future performance.
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 headquartered in Windsor, Berkshire. It primarily operates in the energy sector, providing electricity and gas services to consumers and businesses. The company is also involved in energy trading and services, focusing on energy supply and solutions in the UK and North America.
Average Trading Volume: 20,199,445
Technical Sentiment Signal: Buy
Current Market Cap: £7.84B
For an in-depth examination of CNA stock, go to TipRanks’ Overview page.