Bank of America Shifts Stake in Drax Group
Company Announcements

Bank of America Shifts Stake in Drax Group

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

Drax Group PLC has notified the market of a significant change in share ownership following Bank of America Corporation’s acquisition or disposal of financial instruments. The transaction crossed the threshold on April 26, 2024, altering the total combined voting rights to 12.717571%, as reported on April 29, 2024. This change in the financial landscape of Drax Group PLC is a key indicator for stakeholders and investors monitoring the company’s stock performance.

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

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