Centrica ( (GB:CNA) ) has issued an announcement.
Centrica plc has announced the purchase of 4,196,495 of its own ordinary shares at a price of 149.04 pence per share, as part of its extended 2024-25 buyback programme. This move, executed through Merrill Lynch International, aims to consolidate its share capital and potentially enhance shareholder value by holding these shares in treasury, reflecting Centrica’s strategic financial management and commitment to optimizing its capital structure.
More about Centrica
Centrica plc is a British multinational energy company, primarily involved in the supply of electricity and gas to consumers and businesses. It is listed on the London Stock Exchange and operates in the energy sector, focusing on providing energy services and solutions.
YTD Price Performance: 11.90%
Average Trading Volume: 25,209,743
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £7.47B
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