Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
The latest announcement is out from Centrica ( (GB:CNA) ).
Centrica plc announced the purchase of 1,000,000 of its own ordinary shares at an average price of 138.8600 pence per share as part of its buyback program. This purchase is part of an ongoing effort that began on 8 August 2024, through which the company has repurchased 158,985,745 shares, reflecting its strategy to return value to shareholders and optimize its capital structure. The buyback is conducted through a non-discretionary agreement with Goldman Sachs International, and following this transaction, Centrica holds 502,588,518 shares in treasury, impacting its share capital and potentially influencing investor relations.
More about Centrica
Centrica plc is a leading energy company listed on the London Stock Exchange, with its registered office in Windsor, Berkshire. It operates primarily in the energy sector, providing a range of services, including electricity and gas supply. Its market focus involves energy production, distribution, and related services, catering to both domestic and business customers.
YTD Price Performance: 4.30%
Average Trading Volume: 22,027,104
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £6.85B
Learn more about CNA stock on TipRanks’ Stock Analysis page.
