Drax Group plc (GB:DRX) has released an update.
Drax Group plc has repurchased 250,000 of its own shares as part of a previously announced share buyback program. The average price paid was 654.28 pence per share, with the highest and lowest prices being 661.00 and 641.00 pence, respectively. This move adds to the 7,934,276 shares already repurchased since August, indicating a strategic effort to enhance shareholder value.
For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.
