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Drax Group plc ( (GB:DRX) ) just unveiled an update.
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 68,491 ordinary shares on 18 December 2025 on the London Stock Exchange at prices ranging between 811.5p and 820.5p, with a volume-weighted average of 815.5432p per share. Following this latest transaction, Drax now has 432,170,164 ordinary shares in issue, of which 91,585,528 are held in treasury, leaving 340,584,636 voting shares in circulation; since the start of the programme on 31 July 2025, the company has bought back a total of 4,444,128 shares for treasury, a move that reduces the free float and may enhance earnings per share while providing updated share and voting-rights figures for investors and regulatory disclosure calculations.
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-based energy company primarily engaged in electricity generation and related services, with its shares listed on the London Stock Exchange. The company operates within the power and utilities sector and is a constituent of the broader UK equity market, where its capital structure and share liquidity are of key interest to investors.
Average Trading Volume: 1,129,253
Technical Sentiment Signal: Buy
Current Market Cap: £2.78B
For a thorough assessment of DRX stock, go to TipRanks’ Stock Analysis page.