tiprankstipranks
Centrica plc Enhances Shareholder Value with Continued Buyback Program
Company Announcements

Centrica plc Enhances Shareholder Value with Continued Buyback Program

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Centrica ( (GB:CNA) ) just unveiled an update.

Centrica plc has executed a share buyback program, purchasing 1,432,458 ordinary shares on February 4, 2025, at an average price of 141.5100 pence per share. This transaction is part of a larger buyback initiative that started in August 2024, through which the company has acquired over 162 million shares, indicating a strategic move to optimize its capital structure and potentially enhance shareholder value.

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 production and supply of electricity and gas, providing energy services to customers across the UK.

YTD Price Performance: 5.46%

Average Trading Volume: 20,746,316

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £7.11B

For detailed information about CNA stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App