Drax Group Continues Aggressive Share Buyback
Company Announcements

Drax Group Continues Aggressive Share Buyback

Drax Group plc (GB:DRX) has released an update.

Drax Group plc has actively pursued its share buyback program, acquiring 155,000 of its ordinary shares at an average price of 619.61 pence each on September 25, 2024. This buyback is part of a larger effort since August 7, with a total of 5,494,390 shares purchased for treasury, affecting the overall share count and voting rights for shareholders. The transactions were executed through RBC Europe Limited, as part of the company’s ongoing efforts to manage its capital effectively.

For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.

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