Drax Group plc (GB:DRX) has released an update.
Drax Group has announced a significant share buyback, purchasing nearly 195,000 of its own shares at a weighted average price of 649.44 pence. This move is part of their ongoing program, which has seen the acquisition of over 9.2 million shares since August, indicating a strategic effort to consolidate its stock and potentially enhance shareholder value.
For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.
