Centrica Enhances Share Buyback Program with Major Purchase

Centrica (GB:CNA) has released an update.

Centrica plc has repurchased 1,000,000 of its ordinary shares at an average price of 124.0200 pence per share, as part of its ongoing buyback program with Goldman Sachs International. Since the program’s start in August, Centrica has acquired nearly 108 million shares, reflecting a significant investment in its stock. The company now holds over 451 million shares in treasury, which could influence future market dynamics and shareholder value.

For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.