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Drax Group Advances Share Buyback Plan

Drax Group Advances Share Buyback Plan

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

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Drax Group plc has actively continued its share buyback programme, purchasing 139,073 ordinary shares at an average price of 663.40 pence per share, as part of their strategy announced earlier in the month. Post-transaction, the company’s total issued share count stands at 427,491,322, including treasury shares, with the total number of voting rights being 384,843,249. This latest move in the Programme has contributed to the aggregate buyback of 2,426,971 shares for treasury since the Programme’s initiation.

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

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