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Centrica Expands Share Buyback Program with New Purchase
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Centrica Expands Share Buyback Program with New Purchase

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An announcement from Centrica ( (GB:CNA) ) is now available.

Centrica plc has recently enhanced its share buyback program by purchasing 1.4 million of its own shares at an average price of 139.52 pence per share, executed through Goldman Sachs International. This transaction, part of the company’s ongoing buyback strategy initiated in August 2024, reinforces Centrica’s commitment to returning value to its shareholders by holding a total of over 509 million shares in treasury, impacting its overall stock market position.

More about Centrica

Centrica plc operates within the energy sector and is listed on the London Stock Exchange. The company primarily focuses on providing energy services and solutions, and has a significant presence in the UK market.

YTD Price Performance: 2.17%

Average Trading Volume: 21,314,792

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £6.84B

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

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