Drax Group plc (GB:DRX) has released an update.
Drax Group plc has continued its share buyback programme, acquiring 165,000 ordinary shares at a weighted average price of 640.59 pence per share. After this transaction, the company’s issued share capital consists of over 427 million shares, including treasury shares. The buyback forms a part of a larger initiative announced earlier, which has seen Drax Group purchase over 3.5 million shares for treasury since August 7, 2024.
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