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An update from Centrica ( (GB:CNA) ) is now available.
Centrica plc announced a recent purchase of 800,000 of its own ordinary shares, valued at 133.8000 pence per share, as part of its ongoing buyback programme. This initiative, which began in August 2024, aims to enhance shareholder value by reducing the number of shares in circulation. The purchase was facilitated through Goldman Sachs International, with the shares being held as treasury shares. Since the inception of the buyback programme, Centrica has acquired over 142 million shares, reflecting a significant commitment to the programme and potentially impacting the company’s share price and investor sentiment.
More about Centrica
Centrica plc operates in the energy sector and is listed on the London Stock Exchange. The company primarily focuses on energy supply and services. Centrica is engaged in activities related to the production and distribution of energy, and it has a significant market presence in the UK.
YTD Price Performance: 0.11%
Average Trading Volume: 24,439,918
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £6.74B
For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.