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Drax Group plc ( (GB:DRX) ) just unveiled an update.
Drax Group plc has announced the purchase of 320,000 of its own ordinary shares as part of a share buyback programme initiated in August 2024. This transaction indicates Drax’s ongoing efforts to manage its share capital and potentially enhance shareholder value, reflecting a proactive approach in the current market environment.
More about Drax Group plc
Drax Group plc is a British energy company primarily operating in the renewable energy sector. The company is known for its focus on biomass energy production and operates power generation facilities aimed at reducing carbon emissions.
YTD Price Performance: -3.86%
Average Trading Volume: 1,063,892
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.29B
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.
