Drax Group plc (GB:DRX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Drax Group plc has repurchased 100,000 of its own shares under its ongoing buyback program, at an average price of 630.64 pence per share. This move is part of a strategy to manage capital and shareholder value, bringing the total number of shares in issue to 427.7 million. The buyback supports share price stability and potentially enhances earnings per share.
For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.
