Drax Group plc (GB:DRX) has released an update.
Drax Group plc has actively engaged in its share buyback program, purchasing 160,000 of its ordinary shares at a weighted average price of 638.72 pence each, as part of a strategy announced earlier in August. Following these transactions, the company’s total issued share count stands at 427,632,095, with 43,398,484 shares held in treasury. This latest move underlines Drax Group’s commitment to managing its share capital and signals confidence in the company’s value proposition to its shareholders.
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