Centrica (GB:CNA) has released an update.
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Centrica PLC has repurchased nearly 1.2 million of its own shares at an average price of 122.36 pence per share, as part of its ongoing buyback program initiated on August 8, 2024. This latest acquisition has increased their treasury holdings to over 432 million shares, showcasing Centrica’s commitment to enhancing shareholder value. Such moves can often signal a company’s confidence in its own financial prospects, drawing interest from investors in the market.
For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.
