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Centrica Executes Share Buyback as Part of Capital Optimization Strategy
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Centrica Executes Share Buyback as Part of Capital Optimization Strategy

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Centrica ( (GB:CNA) ) has provided an announcement.

Centrica plc has executed a share buyback program, purchasing 490,795 of its own ordinary shares at a weighted average price of 131.5700 pence per share through Goldman Sachs International. This transaction is part of a larger buyback initiative started in August 2024, with Centrica having acquired over 119 million shares. The current buyback is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

More about Centrica

Centrica plc is a company listed on the London Stock Exchange, involved in the energy sector. It engages in the provision of energy services and solutions, operating as a prominent player in the UK energy market.

YTD Price Performance: -3.70%

Average Trading Volume: 25,013,721

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £6.63B

For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.

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