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Centrica Expands Share Buyback Program with Recent Acquisitions
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Centrica Expands Share Buyback Program with Recent Acquisitions

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Centrica ( (GB:CNA) ) has issued an update.

Centrica plc has recently purchased over 2.1 million of its own ordinary shares as part of its ongoing buyback program, with the shares to be held in treasury. This move, executed through Goldman Sachs International, is part of a larger buyback initiative that began in August 2024, and has seen the company acquire over 133 million shares. The acquisitions reflect Centrica’s strategy to manage its capital effectively and potentially enhance shareholder value.

More about Centrica

Centrica plc is a company listed on the London Stock Exchange, primarily operating in the energy sector. It is involved in the production and distribution of energy-related services and products.

Average Trading Volume: 24,522,862

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £6.74B

For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.

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