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The latest update is out from Drax Group plc ( (GB:DRX) ).
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 67,809 ordinary shares on 22 December 2025 on the London Stock Exchange at prices between 820.5p and 829.5p, with a volume‑weighted average price of 825.2210p. Following this latest tranche, Drax has 432,171,763 ordinary shares in issue, of which 91,720,732 are held in treasury, leaving 340,451,031 shares carrying voting rights, and the company has bought back a total of 4,579,332 shares into treasury since launching the programme on 31 July 2025, underscoring its ongoing capital-return strategy and altering the share base used by investors for calculating voting power and disclosure thresholds.
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 generators, with a strategic focus on renewable power and bioenergy. The group plays a significant role in the UK electricity market and is a prominent participant in the transition from fossil fuels to lower‑carbon energy sources.
Average Trading Volume: 1,158,744
Technical Sentiment Signal: Buy
Current Market Cap: £2.83B
See more insights into DRX stock on TipRanks’ Stock Analysis page.