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Centrica ( (GB:CNA) ) has shared an announcement.
Centrica plc announced the repurchase of 500,000 ordinary shares at a price of 130.6700 pence each, as part of its ongoing buyback program initiated on 8 August 2024. This transaction reflects Centrica’s strategy to optimize its capital structure and enhance shareholder value by holding the repurchased shares as treasury shares, which could impact market liquidity and share price.
More about Centrica
Centrica plc is a leading energy services and solutions company, listed on the London Stock Exchange. It engages primarily in the supply of electricity and gas to consumers and businesses in the UK, and is known for its focus on energy efficiency and sustainable energy solutions.
YTD Price Performance: -3.81%
Average Trading Volume: 25,203,907
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £6.63B
For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.
