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Centrica Advances Share Buyback Program

Centrica (GB:CNA) has released an update.

Centrica plc has continued its share buyback program, purchasing 10,000 ordinary shares on October 1, 2024, at an average price of 116.3800 pence per share, which are now held as treasury shares. With this latest transaction, Centrica has bought back over 20 million shares since August 8, 2024, for a total cost of nearly £25.43 million, bringing the total treasury shares to over 454 million. This move is part of an ongoing strategy to optimize share value, executed in agreement with Goldman Sachs International.

For further insights into GB:CNA stock, check out TipRanks’ Stock Analysis page.

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