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Centrica Boosts Shareholder Value with Continued Share Buyback
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Centrica Boosts Shareholder Value with Continued Share Buyback

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

Centrica plc has repurchased 500,000 of its own ordinary shares at an average price of 132.6300 pence each, as part of its share buyback program announced on 8 August 2024. This purchase, executed through Goldman Sachs International, contributes to the company’s ongoing strategy to manage its share capital, potentially enhancing shareholder value and reflecting confidence in its financial stability.

More about Centrica

Centrica plc is a company listed on the London Stock Exchange, primarily engaged in the energy sector. It provides energy services and solutions, focusing on the supply of electricity and gas to consumers and businesses in the UK and other markets.

YTD Price Performance: -4.43%

Average Trading Volume: 24,746,981

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £6.58B

For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.

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