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The latest announcement is out from Drax Group plc ( (GB:DRX) ).
Drax Group plc announced a recent transaction in its share buyback program, purchasing 1,913 ordinary shares at an average price of 641.50 pence each through RBC Europe Limited. This transaction is part of a larger program initiated on 7 August 2024, under which the company has acquired a total of 16,088,004 shares to date, impacting the total number of shares in issue and voting rights, which stakeholders use to calculate their interests under FCA’s rules.
More about Drax Group plc
Drax Group plc operates in the energy sector and is primarily focused on renewable energy generation. The company is known for its biomass-fueled power plants and has a market focus on sustainable energy solutions to reduce carbon emissions.
YTD Price Performance: 35.80%
Average Trading Volume: 1,099,525
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.08B
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.
