Drax Group Continues Share Buyback Program
Company Announcements

Drax Group Continues Share Buyback Program

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

Drax Group plc has announced the purchase of 235,530 of its own ordinary shares as part of its ongoing share buyback program, initiated on 7 August 2024. The shares were bought at an average price of 622.87 pence, with the highest price paid being 627 pence. This move is part of Drax Group’s strategy to manage its capital effectively, enhancing shareholder value in the process.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskDrax Group Expands Share Buyback Program with New Acquisition
TipRanks UK Auto-Generated NewsdeskDrax Group Strengthens Buyback Program with New Share Purchase
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App