tiprankstipranks
Centrica Continues Strategic Share Buyback Program
Company Announcements

Centrica Continues Strategic Share Buyback Program

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

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

Centrica plc announced the purchase of 598,668 of its own ordinary shares at a price of 141.4800 pence per share, as part of its ongoing buyback program. This initiative, conducted through Goldman Sachs International, is part of a larger effort to repurchase shares, having acquired over 164 million shares since August 2024, demonstrating a strategic move to manage its capital structure and potentially increase shareholder value.

More about Centrica

Centrica plc is an energy company listed on the London Stock Exchange, engaged primarily in providing services and solutions in the energy sector.

YTD Price Performance: 6.21%

Average Trading Volume: 20,594,616

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £7.12B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App