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Centrica Enhances Shareholder Value Through Continued Share Buyback Program
Company Announcements

Centrica Enhances Shareholder Value Through Continued Share Buyback Program

Story Highlights
  • Centrica plc is a major player in the energy sector, focusing on electricity and gas supply.
  • Centrica has repurchased over 140 million shares since August 2024, enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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

Centrica plc announced the purchase of 1,323,857 of its ordinary shares at a price of 137.9000 pence per share, as part of its ongoing buyback program. The company has been actively repurchasing shares since August 2024, with a total of 140,071,959 shares acquired at a cost of £172,153,879.07, which reflects Centrica’s strategy to manage its capital structure and return value to shareholders.

More about Centrica

Centrica plc is a multinational energy company listed on the London Stock Exchange. It primarily operates in the energy sector, offering services such as electricity and gas supply. The company has a significant focus on the UK market and is involved in energy production and distribution.

YTD Price Performance: 3.41%

Average Trading Volume: 23,951,951

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £6.9B

Learn more about CNA stock on TipRanks’ Stock Analysis page.

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