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Drax Group plc ( (GB:DRX) ) has shared an announcement.
Drax Group plc has announced a transaction related to its share buyback program, where it repurchased 183,067 ordinary shares on December 10, 2024. This transaction forms part of the company’s ongoing efforts to manage its share capital, with a total of 15,952,142 shares having been acquired since the program commenced. This buyback reflects the company’s strategy to enhance shareholder value and could impact the voting rights and shareholding structure, providing potential implications for shareholders and market observers.
More about Drax Group plc
YTD Price Performance: 38.79%
Average Trading Volume: 1,090,011
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.13B
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.
