Centrica PLC Executes Strategic Share Buyback

Centrica (GB:CNA) has released an update.

Centrica PLC has actively bolstered its financial strategy by purchasing 1.945 million of its own ordinary shares, a move aimed at strengthening its market position. These shares, bought at a price of 143.8303 pence each, will be held as treasury shares, signifying a strategic stock repurchase under the company’s 2023-2024 program. This action represents an ongoing effort to enhance shareholder value, with Centrica holding a substantial number of treasury shares following this acquisition.

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