The latest update is out from Drax Group plc ( (GB:DRX) ).
Drax Group plc has executed a share buyback transaction as part of its ongoing program initiated in August 2024. On February 6, 2025, the company purchased 120,000 of its ordinary shares at a weighted average price of 627.53 pence. This action reduces the number of shares available in the market, potentially increasing the value of remaining shares and reflecting Drax Group’s confidence in its financial stability and future performance.
More about Drax Group plc
YTD Price Performance: -4.17%
Average Trading Volume: 1,315,646
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.27B
Learn more about DRX stock on TipRanks’ Stock Analysis page.