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Drax Group plc ( (GB:DRX) ) has provided an update.
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 67,673 ordinary shares on 23 December 2025 on the London Stock Exchange at prices ranging between 829p and 836p, with a volume-weighted average price of 833.2673p per share. Following this latest transaction, the company has 432,171,763 ordinary shares in issue, of which 91,788,405 are held in treasury, leaving 340,383,358 voting shares outstanding as at 23 December 2025; since the launch of the programme in July 2025, Drax has bought back a total of 4,647,005 shares for treasury, signalling ongoing efforts to return capital to shareholders and manage its capital structure.
The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.
Spark’s Take on GB:DRX Stock
According to Spark, TipRanks’ AI Analyst, GB:DRX is a Outperform.
Drax Group plc’s strong financial performance, particularly in cash generation and profitability, along with positive technical indicators and a favorable valuation, contribute significantly to its overall score. The company’s strategic initiatives, including share buybacks and government agreements, further bolster its market position. However, challenges in revenue growth and market dynamics in the pellet sector pose risks that need careful management.
To see Spark’s full report on GB:DRX stock, click here.
More about Drax Group plc
Drax Group plc is a UK-listed energy company best known for owning and operating the Drax Power Station in North Yorkshire, one of the country’s largest power generation assets, with a strategic focus on renewable and lower-carbon power and related energy services for the UK market.
Average Trading Volume: 1,158,744
Technical Sentiment Signal: Buy
Current Market Cap: £2.83B
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.