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Centrica ( (GB:CNA) ) has issued an update.
Centrica plc announced the purchase of 500,000 of its ordinary shares at a price of 125.7200 pence per share, as part of its ongoing share buyback program initiated in August 2024. This transaction, facilitated by Goldman Sachs International, reflects Centrica’s strategy to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and offering a more attractive proposition to investors.
More about Centrica
Centrica plc is a UK-based energy company primarily engaged in providing energy supply and services. It is listed on the London Stock Exchange and operates in the utilities industry, focusing on delivering energy solutions to residential and business customers.
YTD Price Performance: -7.12%
Average Trading Volume: 26,061,194
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.4B
See more insights into CNA stock on TipRanks’ Stock Analysis page.
