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Centrica Expands Share Buyback Programme with Latest Purchase

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Centrica Expands Share Buyback Programme with Latest Purchase

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

Centrica plc has announced the purchase of 1,553,691 of its own ordinary shares at a price of 144.31 pence per share, as part of its extended 2024-25 buyback programme. This transaction, conducted through Merrill Lynch International, reflects Centrica’s ongoing strategy to manage its capital structure and enhance shareholder value, holding a total of 467,405,259 shares in treasury following this purchase.

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 supply of electricity and gas, as well as providing energy-related services. The company has a significant market presence in the UK and is known for its focus on energy solutions and services.

YTD Price Performance: 8.05%

Average Trading Volume: 25,179,283

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £7.19B

See more data about CNA stock on TipRanks’ Stock Analysis page.

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