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An update from Drax Group plc ( (GB:DRX) ) is now available.
Drax Group plc has executed a share buyback transaction, purchasing 120,000 of its own ordinary shares at a weighted average price of 632.69 pence. This buyback is part of the Programme announced in August 2024, aiming to strengthen the company’s market position by reducing the number of shares in circulation and potentially increasing shareholder value.
More about Drax Group plc
Drax Group plc is a company involved in the energy sector, focusing on sustainable power generation and renewable energy solutions. The company operates in the United Kingdom and aims to contribute to the transition to low-carbon energy systems.
YTD Price Performance: -4.17%
Average Trading Volume: 1,318,271
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.27B
For detailed information about DRX stock, go to TipRanks’ Stock Analysis page.
