Drax Group plc (GB:DRX) has released an update.
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Drax Group plc has continued its share buyback program by acquiring 398,662 of its own shares at an average price of 630.39 pence per share, bringing the total shares bought since August to over 11.6 million. This move is part of Drax’s strategy to manage its capital structure and potentially enhance shareholder value.
For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.