Centrica Advances Share Buyback Strategy

Centrica (GB:CNA) has released an update.

Centrica PLC has reported the purchase of 1,120,000 of its own shares at a price of 146.6166 pence each, as part of its share repurchase program initiated in October 2023. The company now holds over 567 million shares as treasury shares, with a total expenditure of approximately £316.6 million on share buybacks since the program’s announcement. This strategic move aligns with Centrica’s ongoing efforts to optimize shareholder value.

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