Centrica (GB:CNA) has released an update.
Centrica plc has successfully acquired 1,500,000 of its own shares at an average price of 116.6000 pence per share as part of its ongoing buyback program, initiated on 8 August 2024. To date, the company has purchased nearly 100 million shares, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value. These shares are held in treasury, indicating a focus on internal investment strategies.
For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.