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Centrica ( (GB:CNA) ) has issued an announcement.
Centrica plc has executed a share buyback transaction, purchasing 988,358 ordinary shares through Goldman Sachs International to hold as treasury shares. This transaction is part of an ongoing buyback program initiated in August 2024, through which Centrica has acquired over 173 million shares at a cost exceeding £217 million. The purchase aims to optimize the company’s capital structure, potentially enhancing shareholder value and market confidence.
More about Centrica
Centrica plc operates within the energy industry and is primarily engaged in the supply of electricity and gas, as well as providing energy-related services. The company is listed on the London Stock Exchange and focuses on the UK market.
YTD Price Performance: 1.72%
Average Trading Volume: 23,089,446
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £6.8B
For an in-depth examination of CNA stock, go to TipRanks’ Stock Analysis page.
