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Centrica Extends Share Buyback Programme with New Purchase

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

Centrica plc has announced the purchase of 65,811 ordinary shares at a price of 150.64 pence per share as part of its extended 2024-25 buyback programme. This acquisition, executed through Merrill Lynch International, reflects Centrica’s ongoing efforts to manage its share capital, enhancing shareholder value and potentially impacting its market positioning by holding a substantial number of treasury shares.

More about Centrica

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

YTD Price Performance: 12.76%

Average Trading Volume: 26,499,008

Technical Sentiment Signal: Sell

Current Market Cap: £7.53B

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

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