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Centrica Expands Share Buyback Program with Recent Purchase

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Centrica Expands Share Buyback Program with Recent Purchase

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

Centrica plc announced the repurchase of 1,294,838 ordinary shares as part of its ongoing share buyback program, executed through Goldman Sachs International. This transaction is part of a larger buyback initiative that has seen Centrica repurchase a significant number of shares since August 2024, reflecting the company’s strategic efforts to manage its capital structure and return value to shareholders.

More about Centrica

Centrica plc is an energy company listed on the London Stock Exchange, primarily engaged in providing electricity and gas services. The company focuses on serving residential and business customers with energy solutions across the UK and internationally.

YTD Price Performance: 4.79%

Average Trading Volume: 22,598,733

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £7B

For an in-depth examination of CNA stock, go to TipRanks’ Stock Analysis page.

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