8th Aug 2024 10:22
Centrica PLC - Windsor, England-based energy provider - Commissions Goldman Sachs International to conduct a new GBP200 million share buyback, starting on Thursday and completing by the end of February. The extension of Centrica's buyback programme was announced with its half-year results late last month. The British Gas-owner notes it has bought back about GBP1 billion in shares since November 2022, almost 14% of its shares issued at the time. In its interim results, Centrica also declared a 1.50 pence dividend, up 13% on a year before.
Current stock price: 124.26p
12-month change: down 10%
By Tom Waite, Alliance News editor
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