Bank of America Adjusts Stake in Drax Group
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Bank of America Adjusts Stake in Drax Group

Drax Group plc (GB:DRX) has released an update.

Drax Group PLC has reported a significant change in share ownership, with Bank of America Corporation crossing a notable threshold through the acquisition and disposal of financial instruments. As of July 10th, 2024, Bank of America’s total voting rights have shifted, resulting in a combined total percentage of 4.062263% in voting rights. The changes, including various physical and cash-settled swaps, were officially notified to the issuer on the following day.

For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.

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