tiprankstipranks

Centrica Expands Share Buyback Programme with New Purchase

Story Highlights

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

Centrica plc has announced the purchase of 1,771,721 ordinary shares at a price of 151.80 pence per share as part of its extended 2024-25 buyback programme. The shares will be held as treasury shares, and this move is part of a broader strategy to manage the company’s capital structure and enhance shareholder value.

More about Centrica

Centrica plc is a leading energy company listed on the London Stock Exchange, primarily engaged in the supply of electricity and gas to consumers and businesses. It operates in the energy sector, focusing on providing energy solutions and services across the UK and internationally.

YTD Price Performance: 13.74%

Average Trading Volume: 26,441,299

Technical Sentiment Signal: Sell

Current Market Cap: £7.41B

For an in-depth examination of CNA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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