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Centrica Advances Share Buyback Effort

Centrica Advances Share Buyback Effort

Centrica (GB:CNA) has released an update.

Centrica PLC has continued its share repurchase program by buying back 2,030,000 of its own shares at an average price of 136.0598 pence each, which will be held as treasury shares. Since the program’s announcement last October, the company has acquired over 265 million shares, amounting to a nearly £370 million investment. Following the recent transaction, Centrica’s treasury now holds over 508 million shares, with just over 5.27 billion shares remaining in issue.

For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.

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