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Centrica Boosts Shareholder Value with Ongoing Buyback

Centrica Boosts Shareholder Value with Ongoing Buyback

Centrica (GB:CNA) has released an update.

Centrica plc has recently acquired 1,488,826 of its own shares at an average price of 127.4400 pence each as part of its ongoing buyback program with Goldman Sachs International. Since August 2024, the company has repurchased over 113 million shares, reinforcing its commitment to optimizing shareholder value. These shares will be held in treasury, highlighting Centrica’s strategic efforts to manage its capital structure effectively.

For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.

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