Centrica Share Discussion Threads

[timmy40] 24/11/2023 23:17

Will the higher permitted price cap allow for higher profit margins ?

[action] 14/11/2023 15:18

Bght some on a dip

[skinny] 05/11/2023 08:48

For those old fashion sorts (me) that are not viewing via the app, there is a 'Financial Calendar' link in the header :-)

[lauders] 05/11/2023 01:17

Well we are due the dividend on the 16th so an update could come with it or before it. Not mentioned in the financial calendar: Last year's TU was on 10th November.

[boozey] 03/11/2023 09:21

Are we due a trading statement next week? I have not seen anything announced about this but last year there was one on 8th November.

[yump] 01/11/2023 08:43

Can’t believe I’ve got near my original price after it being so low. Its all heading for something a bit more fixed now.

[eigthwonder] 11/10/2023 14:03

the only worthwhile reasons why they aren't ultimately cancelled is if the company thought it had cause to issue shares in the identifiable future - such as to satisfy employee share options or consideration against previous or to be announced acquisitions. Anything else is simply a case of the company playing the market.

[skinny] 11/10/2023 12:40

From the horse's mouth :-

[eigthwonder] 11/10/2023 11:07

I think “intends”; means cancellation when administratively convenient - ie not every day but, say, end of a reporting period

[scemer] 11/10/2023 10:04

Exactly Salisbury3

[salisbury3] 10/10/2023 15:19

My understanding of shares held in treasury is that they do not attract a dividend. The share buybacks should ultimately add value for investors as they are no longer shares "in issue". It is not politically expedient for Centrica to pay a huge dividend!

[skinny] 10/10/2023 11:33

Maybe monitor the 'total voting rights' RNS ?

The last 3 :-

[mroalan] 10/10/2023 10:57

Cheers Skinny, the word "intends" doesn,t sound nailed on?

[skinny] 10/10/2023 08:47

From today's RNS:-

"The Company intends that any Shares purchased will be (i) cancelled; or (ii) held in treasury pending their cancellation.".

[mroalan] 10/10/2023 08:43

News & RNSFinance NewsCentrica launches GBP200 million first tranche of share buyback
Centrica launches GBP200 million first tranche of share buyback
Tue, 10th Oct 2023 09:15Alliance News
What becomes of the shares bought back, are they wiped out or do they just sit on the books as an asset? mro.

[skinny] 30/9/2023 11:04

Historic RNS Announcements link added to the header.

[scemer] 28/9/2023 15:18

Looks like someone missed the boat and wants in

[skinny] 27/9/2023 08:49

Morgan Stanley cuts Centrica to 'equal-weight' - price target 190 pence

[the grumpy old men] 27/9/2023 07:33

IN MAIN A GENERAL MARKET FALL THROUGHOUT SEPTEMBER

[skinny] 27/9/2023 07:32

Yesterday's Times :-

"Centrica also suffered because of a broker. This time it was Liberum, whose analysts reckon the recent rally in the British Gas owner’s share price, fuelled by increased buybacks and dividend growth, “has been overdone”, which dragged Centrica down 2p, or 1.1 per cent, to 166¼p."

[paulbl] 27/9/2023 07:30

Anyone know the reason for the recent drop?

[supermarky] 20/9/2023 16:49

for what its worth i sold half earlier this morning