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Centrica ( (GB:CNA) ) has issued an update.
Centrica plc has announced the repurchase of 1,644,816 of its ordinary shares at a price of 126.2100 pence per share, as part of its ongoing share buyback program. This initiative, executed through Goldman Sachs International, totals 125,396,584 shares repurchased since August 2024, costing approximately £152.5 million. The repurchase aims to strengthen Centrica’s capital structure and provide greater value to shareholders by holding the acquired shares as treasury shares.
More about Centrica
Centrica plc is a prominent energy company listed on the London Stock Exchange. The company is involved in the supply of energy and services to over 25 million customer accounts in the UK, Ireland, and North America. It is known for its focus on renewable energy and innovation in delivering sustainable energy solutions.
YTD Price Performance: -8.25%
Average Trading Volume: 25,340,808
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £6.32B
See more data about CNA stock on TipRanks’ Stock Analysis page.