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An announcement from Drax Group plc ( (GB:DRX) ) is now available.
Drax Group plc has continued its share buyback program, purchasing 57,357 of its ordinary shares at an average price of 654.38 pence each. This program, which began in August 2024, is part of Drax’s strategy to manage capital effectively and enhance shareholder value. The buyback impacts the total number of shares in circulation and may affect voting rights calculations for shareholders.
More about Drax Group plc
Drax Group plc operates in the energy sector and is primarily involved in the production and supply of electricity. The company focuses on transitioning from coal to renewable energy sources, positioning itself as a leader in sustainable energy solutions.
YTD Price Performance: 1.70%
Average Trading Volume: 1,352,341
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.32B
See more insights into DRX stock on TipRanks’ Stock Analysis page.
