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Centrica Continues Share Buyback with Latest Purchase
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Centrica Continues Share Buyback with Latest Purchase

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The latest update is out from Centrica ( (GB:CNA) ).

Centrica plc has announced the purchase of 2,249,911 of its own ordinary shares at a price of 135.4300 pence per share as part of its ongoing buyback program initiated in August 2024. This transaction, conducted through Goldman Sachs International, is part of the company’s strategy to hold shares in treasury, impacting its total shares in issue and potentially affecting shareholder value.

More about Centrica

Centrica plc is a company listed on the London Stock Exchange, involved in the energy sector, primarily focusing on the supply of electricity and gas services. The company engages in various market activities including share buyback programs to manage its equity and market presence.

YTD Price Performance: 1.68%

Average Trading Volume: 24,724,384

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £6.74B

Find detailed analytics on CNA stock on TipRanks’ Stock Analysis page.

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