tiprankstipranks
Centrica Continues Share Buyback with New Purchase
Company Announcements

Centrica Continues Share Buyback with New Purchase

Story Highlights

Invest with Confidence:

Centrica ( (GB:CNA) ) has shared an announcement.

Centrica plc has announced the repurchase of 800,000 ordinary shares, as part of its ongoing buyback programme initiated on 8 August 2024. The shares, purchased at an average price of 136.3100 pence each, will be held as treasury shares, reflecting Centrica’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

More about Centrica

Centrica plc is a prominent player in the energy industry, primarily engaged in providing gas and electricity services. Listed on the London Stock Exchange, the company focuses on energy supply and services, catering to both residential and commercial markets in the UK and other regions.

YTD Price Performance: 3.41%

Average Trading Volume: 23,951,951

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £6.9B

For an in-depth examination of 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