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Drax Group Announces Share Buyback Transaction
Company Announcements

Drax Group Announces Share Buyback Transaction

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Invest with Confidence:

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

Drax Group plc has executed a share buyback transaction as part of its previously announced programme, purchasing 296,796 ordinary shares at an average price of 611.06 pence per share. This transaction impacts the company’s share structure by adjusting the total number of voting rights, which shareholders can use for disclosure purposes under regulatory rules.

More about Drax Group plc

Drax Group plc operates in the energy sector, primarily focusing on renewable energy production. The company is known for its biomass power generation and commitment to transitioning from coal to renewable energy sources.

YTD Price Performance: -7.10%

Average Trading Volume: 1,036,088

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £2.23B

See more data about DRX stock on TipRanks’ Stock Analysis page.

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