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Centrica Expands Share Buyback Program with Latest Purchase

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Centrica Expands Share Buyback Program with Latest Purchase

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

Centrica plc has announced the purchase of 1,200,000 of its own ordinary shares at a price of 149.3300 pence per share, as part of its ongoing share buyback program initiated in August 2024. This transaction, executed through Goldman Sachs International, reflects Centrica’s strategic financial management and aims to enhance shareholder value by holding the purchased shares as treasury shares. Following this purchase, Centrica holds 447,972,983 shares in treasury, with 5,045,134,231 shares remaining in issue.

More about Centrica

Centrica plc is a British multinational energy and services company, primarily involved in the supply of electricity and gas to businesses and consumers in the UK. It is listed on the London Stock Exchange and operates under the ISIN number GB00B033F229.

YTD Price Performance: 11.68%

Average Trading Volume: 23,561,208

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £7.46B

See more insights into CNA stock on TipRanks’ Stock Analysis page.

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