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Drax Group Advances Share Buyback Program

Drax Group Advances Share Buyback Program

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

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Drax Group plc has successfully executed a share buyback on September 3, 2024, purchasing 160,000 ordinary shares at a weighted average price of 641.39 pence per share. This transaction is part of an ongoing buyback program announced earlier on August 7, with the company having acquired a total of 3,337,382 shares for treasury since the program’s initiation. Following the buyback, Drax Group’s total issued share count stands at 427,632,095, including those held in treasury.

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

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