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Centrica ( (GB:CNA) ) has issued an announcement.
Centrica plc has announced the purchase of 1,111,681 of its own ordinary shares, executed through Goldman Sachs International, at an average price of 136.9900 pence per share. This transaction is part of Centrica’s ongoing share buyback program initiated in August 2024, which has led to the repurchase of over 171 million shares at a cost exceeding £214 million. This buyback strategy indicates Centrica’s efforts to consolidate its market position and potentially enhance shareholder value by reducing the number of shares in circulation, thereby boosting earnings per share.
More about Centrica
Centrica plc is a leading energy services and solutions provider listed on the London Stock Exchange. The company primarily focuses on supplying energy and services to customers in the United Kingdom. Centrica is involved in the generation and supply of electricity and gas, and offers a range of energy solutions to residential and business customers.
YTD Price Performance: 1.87%
Average Trading Volume: 22,546,202
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £6.82B
For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.
