Centrica Extends Share Buyback Programme with Latest Purchase

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Centrica Extends Share Buyback Programme with Latest Purchase

The latest announcement is out from Centrica ( (GB:CNA) ).

Centrica plc has announced the purchase of 3,855,826 of its own ordinary shares at a price of 149.04 pence per share, as part of its extended 2024-25 buyback programme. This move, executed through Merrill Lynch International, is part of Centrica’s strategy to manage its capital structure and enhance shareholder value, reflecting its ongoing commitment to returning capital to shareholders.

More about Centrica

Centrica plc is a British multinational energy and services company, primarily involved in the supply of electricity and gas to consumers and businesses. It is listed on the London Stock Exchange and operates with a focus on energy production, distribution, and related services.

YTD Price Performance: 12.01%

Average Trading Volume: 26,349,767

Technical Sentiment Signal: Sell

Current Market Cap: £7.41B

See more insights into CNA stock on TipRanks’ Stock Analysis page.

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