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IN BRIEF: Centrica begins £250 million final 2025 buyback tranche

ALN

Centrica PLC - Windsor, England-based energy provider and owner of British Gas - Launches second and final £250 million tranche of 2025 share buyback extension, bringing the extension to £500 million and the total buyback programme since inception to £2.0 billion. Centrica completes the first £250 million tranche on Friday. The second tranche to be run by JPMorgan Securities PLC, while the first tranche was run by Goldman Sachs International. The new tranche represents around 3% of Centrica’s share capital, as the company has a market capitalisation of £8.03 billion. It starts on Monday and will end by January 16.

Current stock price: 168.80 pence

12-month change: up 42%

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