Drax Group plc (GB:DRX) has released an update.
Drax Group PLC has announced a significant change in shareholdings, with Bank of America Corporation crossing a notable threshold in both direct and indirect voting rights on July 8, 2024. The total voting rights now held by the Bank of America Corporation have increased, reflecting a combined total of 9.374218% of Drax Group’s voting rights. This shift in ownership could signal strategic moves by the corporation and is an essential update for investors monitoring Drax Group’s stock.
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