Drax Group plc (GB:DRX) has released an update.
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Drax Group plc has successfully executed a share buyback program as announced previously, purchasing 160,000 of its ordinary shares at an average price of 654.61 pence per share. Following the transaction, the company’s total issued ordinary shares stand at 427,706,505, with 44,116,625 held in treasury. This move could influence the company’s stock market performance and shareholder value.
For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.