Drax Group plc (GB:DRX) has released an update.
Drax Group PLC has announced a notable change in their major shareholdings, with Bank of America Corporation adjusting its stake. On July 9, 2024, Bank of America crossed a threshold that affected its total voting rights, now holding a combined total of 9.306842% through direct shares and financial instruments. The financial dealings include various types of financial instruments such as physical swaps and cash-settled swaps, with the most recent notification to Drax Group PLC made on July 11, 2024.
For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.