tiprankstipranks
Drax Group Increases Treasury Holdings with Share Buyback
Company Announcements

Drax Group Increases Treasury Holdings with Share Buyback

Drax Group plc (GB:DRX) has released an update.

Don't Miss Our Christmas Offers:

Drax Group plc has announced the purchase of 193,037 ordinary shares as part of its ongoing share buyback program, which commenced in August 2024. The shares were bought at an average price of 664.18 pence, with the highest price paid being 670.50 pence. This transaction increases the total number of shares held in treasury to 54,728,372, providing potential implications for voting rights and shareholder notifications.

For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskDrax Group Continues Share Buyback to Boost Shareholder Value
TipRanks UK Auto-Generated NewsdeskDrax Group Seeks Block Listing for Incentive Plan Shares
TipRanks UK Auto-Generated NewsdeskDrax Group Continues Share Buyback Program with New Purchase
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App