Centrica ( (GB:CNA) ) has issued an update.
Centrica plc announced the cancellation of 75 million ordinary shares held in treasury, aligning with its policy to keep treasury shares below 10% of total issued share capital. This move reduces the total number of treasury shares to 443,548,957, representing 8.07% of the company’s total issued share capital, potentially enhancing shareholder value and optimizing the company’s capital structure.
More about Centrica
Centrica plc is a company listed on the London Stock Exchange, operating in the energy sector. It is involved in the provision of energy services and solutions, focusing on maintaining an efficient capital structure.
YTD Price Performance: 8.61%
Average Trading Volume: 23,821,155
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £7.26B
Learn more about CNA stock on TipRanks’ Stock Analysis page.