Centrica Set to Cut Dividend, Sell Oil-And-Gas Unit -The Sunday Times

Date : 07/22/2019 @ 7:13AM
Source : Dow Jones News
Stock : Centrica (PC) (CPYYY)
Quote : 3.67  -0.13 (-3.42%) @ 7:17PM

Centrica Set to Cut Dividend, Sell Oil-And-Gas Unit -The Sunday Times

Centrica (PC) (USOTC:CPYYY)
Historical Stock Chart

3 Months : From Jun 2019 to Sep 2019

Click Here for more Centrica (PC) Charts.

--British Gas-owner Centrica PLC is set to cut its dividend and launch a sale of its 69% stake in oil-and-gas business Spirit Energy, London's the Sunday Times reports, citing unnamed sources.

--This is part of Chief Executive Iain Conn's attempt to revive the company, as intense competition and turmoil in the utilities sector have left the group at risk of being relegated from the FTSE 100, the Sunday Times reports.


Full story: https://bit.ly/2Lz3aLf


Write to Barcelona editors at barcelonaeditors@dowjones.com


(END) Dow Jones Newswires

July 22, 2019 01:58 ET (05:58 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest CPYYY Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.