Centrica (GB:CNA) has released an update.
Centrica PLC has bolstered its share repurchase strategy by acquiring an additional 2,040,000 of its own shares at a volume weighted average price of 138.8096 pence per share, which will be retained as treasury shares. This move is part of the company’s ongoing buyback program initiated in October 2023, and since then, Centrica has invested over £405 million in buying back its shares. After this latest transaction, Centrica holds more than half a billion treasury shares, with over 5 billion shares remaining in issue.
For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.