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Drax Group plc ( (GB:DRX) ) just unveiled an announcement.
Drax Group plc, a company that operates a share buyback programme, recently purchased 59,806 of its ordinary shares through RBC Europe Limited at an average price of 622.43 pence per share. As a result of this transaction, Drax Group now has a total of 427,774,397 ordinary shares in issue, with 59,326,241 held in treasury. This action is part of an ongoing effort since August 2024, during which the company has acquired a total of 19,239,044 shares for treasury, impacting its share capital structure and potentially influencing shareholder value.
More about Drax Group plc
YTD Price Performance: -4.32%
Average Trading Volume: 1,087,773
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.01B
See more insights into DRX stock on TipRanks’ Stock Analysis page.
