Bank of America Ups Stake in Drax Group
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Bank of America Ups Stake in Drax Group

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

Bank of America Corporation has adjusted its stake in UK-based energy company Drax Group PLC, crossing a major shareholding threshold on May 23, 2024. The financial giant now holds a combined total of 10.243180% in voting rights, signaling a slight increase from the previous notification. This change in holdings was officially notified to Drax Group on May 24, 2024.

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

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