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The latest update is out from Centrica ( (GB:CNA) ).
Centrica plc announced the purchase of 1,000,000 of its ordinary shares on January 31, 2025, at a price of 141.5900 pence per share. These shares will be retained as treasury shares, in line with the company’s ongoing buyback program initiated in August 2024. Since the commencement of the buyback program, Centrica has acquired nearly 160 million shares at a cost of over £199 million. The purchase strengthens Centrica’s financial position by increasing its treasury share holdings to over 503 million shares, potentially impacting share value and investor confidence.
More about Centrica
Centrica plc is a company listed on the London Stock Exchange, primarily operating in the energy sector. It is involved in the production and supply of electricity and gas, serving a diverse market including residential, commercial, and industrial customers.
YTD Price Performance: 6.66%
Average Trading Volume: 22,007,591
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £7.15B
Find detailed analytics on CNA stock on TipRanks’ Stock Analysis page.
