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Drax Group Advances Share Buyback Effort

Drax Group Advances Share Buyback Effort

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

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Drax Group plc has actively continued its share buyback programme, purchasing an additional 200,000 ordinary shares on September 6, 2024, at a weighted average price of 648.99 pence per share. This latest transaction brings the total number of treasury-held ordinary shares to 3,867,382 since the programme was announced on August 7, 2024. The company’s total voting rights now stand at 383,749,880, excluding treasury shares.

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

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