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Centrica Enhances Shareholder Value with Continued Share Buyback
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Centrica Enhances Shareholder Value with Continued Share Buyback

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Invest with Confidence:

An update from Centrica ( (GB:CNA) ) is now available.

Centrica plc announced the repurchase of 1,329,849 of its ordinary shares at a price of 137.6000 pence per share, as part of its ongoing buyback programme initiated in August 2024. This strategic move is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, thereby increasing earnings per share.

More about Centrica

Centrica plc is a leading energy company listed on the London Stock Exchange. The company focuses on energy supply and services, catering primarily to the UK and international markets. Centrica is recognized for its involvement in the production and supply of electricity and gas.

YTD Price Performance: 3.07%

Average Trading Volume: 23,667,434

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £6.93B

For a thorough assessment of CNA stock, go to TipRanks’ Stock Analysis page.

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