Centrica Advances Share Buyback Programme with Recent Purchase

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Centrica Advances Share Buyback Programme with Recent Purchase

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

Centrica plc announced the purchase of 68,990 of its own ordinary shares at a price of 145.02 pence per share as part of its ongoing 2024-25 buyback programme. This transaction, executed through Merrill Lynch International, is part of a broader strategy to manage the company’s capital structure and enhance shareholder value by holding these shares in treasury. Since the beginning of March 2025, Centrica has acquired a total of 18,783,581 shares, reflecting its commitment to the buyback initiative.

More about Centrica

Centrica plc is a British multinational energy and services company, primarily involved in the supply of electricity and gas to consumers and businesses. The company is listed on the London Stock Exchange and focuses on energy production, distribution, and related services.

YTD Price Performance: 8.16%

Average Trading Volume: 26,142,671

Technical Sentiment Signal: Strong Sell

Current Market Cap: £7.19B

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

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