Centrica ( (GB:CNA) ) has provided an announcement.
Centrica plc has announced the purchase of 4,014,334 of its own ordinary shares at a price of 146.36 pence each, as part of its extended 2024-25 buyback programme. This transaction, facilitated by Merrill Lynch International, is part of a larger strategy to manage the company’s capital structure and enhance shareholder value, with a total of 10,080,525 shares purchased since March 3, 2025, at a cost of £14,875,701.01. The impact of this buyback is expected to strengthen Centrica’s market position and potentially improve its stock performance, benefiting stakeholders.
More about Centrica
Centrica plc is a British multinational energy and services company, primarily involved in the supply of electricity and gas to consumers and businesses. It is listed on the London Stock Exchange and operates within the energy sector, focusing on delivering energy solutions and services.
YTD Price Performance: 7.78%
Average Trading Volume: 25,381,765
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £7.19B
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