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Drax Group plc ( (GB:DRX) ) has shared an announcement.
Drax Group plc, a British energy company, announced the repurchase of 250,000 of its ordinary shares as part of its ongoing share buyback program. This transaction, conducted through RBC Europe Limited, reflects Drax’s effort to manage its capital structure and return value to shareholders, potentially enhancing shareholder confidence and maintaining its market position in the energy sector.
More about Drax Group plc
YTD Price Performance: 33.88%
Average Trading Volume: 1,146,923
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.04B
For an in-depth examination of DRX stock, go to TipRanks’ Stock Analysis page.
