Centrica shares slide as buyback pause and weaker trading outlook rattle investors
Centrica shares dropped 7% after the company paused share buybacks and cut its 2026 profit outlook for its energy trading arm. The British Gas owner said its transformation programme will cost £600 million and lowered expected Optimisation earnings to £250 million. Adjusted EBITDA for 2025 fell to £1.417 billion from £2.305 billion. Centrica proposed a final dividend of 3.67p per share.