Centrica Adjusts Treasury Shares, Alters Market Dynamics

Centrica (GB:CNA) has released an update.

Centrica PLC has announced the cancellation of 90 million ordinary shares previously held in treasury to keep their treasury shares below 10% of the total issued share capital. This move reduces the company’s total issued shares to over 5.5 billion, with treasury shares now representing 7.59% of the issued capital. Such strategic stock management could impact investor interest and market dynamics for Centrica.

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