Centrica (GB:CNA) has released an update.
Centrica plc has recently announced the buyback of 244,000 of its own shares on August 29, 2024, at an average price of 128.0600 pence per share, holding these in treasury. This move is part of a larger share repurchase program initiated on August 8, indicating a substantial investment back into the company, with over 8.8 million shares acquired so far. The company now holds more than 443 million shares in treasury, reflecting a significant step in its capital return strategy.
For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.
