Centrica, British Gas's owner, forecasts earnings meeting predictions and extends its share buyback by £300 million.

Centrica, the owner of British Gas, expects its 2024 earnings to meet analysts' predictions and plans to extend its share buyback program by £300 million, totaling £1.5 billion. The company aims to transform its Rough gas-storage site into a hydrogen storage facility to support the UK's net-zero goals. Despite a forecasted decline in profits, Centrica is moving forward with its financial and environmental initiatives.

December 10, 2024
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