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Centrica Advances Share Buyback Program with New Purchase

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Centrica Advances Share Buyback Program with New Purchase

Centrica ( (GB:CNA) ) just unveiled an update.

Centrica plc recently executed a buyback of 1,376,769 ordinary shares at a price of 140.5300 pence per share as part of its ongoing share buyback program. This move is a continuation of its strategy announced in August 2024, aimed at optimizing its capital structure. The shares will be held as treasury shares, contributing to a total of 511,025,971 shares held in treasury. This activity underscores Centrica’s commitment to enhancing shareholder value and reflects its strong financial position.

More about Centrica

Centrica plc is a prominent player in the energy industry, primarily focused on providing energy services and solutions. The company is listed on the London Stock Exchange and operates with a significant market presence, offering services that encompass energy supply and optimization solutions.

YTD Price Performance: 4.79%

Average Trading Volume: 22,598,733

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £7B

For an in-depth examination of CNA stock, go to TipRanks’ Stock Analysis page.

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