An announcement from Centrica ( (GB:CNA) ) is now available.
Centrica plc has announced the purchase of 1,991,396 of its own ordinary shares at a price of 147.68 pence each, as part of its ongoing share buyback program. This transaction, conducted through Merrill Lynch International, is part of an extended buyback initiative aimed at optimizing the company’s capital structure, with Centrica now holding 475,068,951 shares in treasury. This move is expected to enhance shareholder value and reflects Centrica’s commitment to returning capital to its investors.
More about Centrica
Centrica plc is a British multinational energy and services company, primarily involved in the supply of electricity and gas to businesses and consumers. It is listed on the London Stock Exchange and operates in the energy sector with a focus on providing energy solutions and services.
YTD Price Performance: 9.99%
Average Trading Volume: 25,971,031
Technical Sentiment Signal: Strong Sell
Current Market Cap: £7.25B
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