Centrica (GB:CNA) has released an update.
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Centrica plc has continued its share buyback program with the recent purchase of nearly 4.8 million shares through Goldman Sachs at an average price of 122.37 pence each. Since the program’s start in August, Centrica has bought over 72 million shares, significantly boosting its treasury holdings. This strategic move could influence Centrica’s stock dynamics and reflects the company’s commitment to enhancing shareholder value.
For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.