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Drax Group Advances Share Buyback Initiative

Drax Group Advances Share Buyback Initiative

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

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Drax Group plc has continued its share buyback programme by purchasing 169,756 ordinary shares at a weighted average price of 624.14 pence each. Following this transaction, the company has a total of 427,707,049 ordinary shares in issue. This latest acquisition contributes to the aggregate of 4,901,611 shares bought back for treasury since the programme’s announcement on August 7, 2024.

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

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