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Drax Group plc ( (GB:DRX) ) has provided an update.
Drax Group plc announced the purchase of 249,096 of its ordinary shares as part of its ongoing share buyback program, which began on August 7, 2024. This transaction reflects the company’s strategy to manage its equity structure and potentially return value to shareholders, impacting the total number of voting rights and shares held in treasury.
More about Drax Group plc
Drax Group plc operates in the energy industry, focusing on sustainable biomass power generation and renewable energy solutions.
YTD Price Performance: 37.19%
Average Trading Volume: 1,113,637
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.1B
See more insights into DRX stock on TipRanks’ Stock Analysis page.
