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Drax Group Executes Share Buyback as Part of Ongoing Program

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Drax Group plc ( (GB:DRX) ) just unveiled an update.

Drax Group plc has executed a share buyback transaction as part of its ongoing program, purchasing 153,433 ordinary shares at an average price of 592.75 pence per share. This transaction is part of a larger buyback initiative announced in August 2024, which has seen the company acquire a total of 29,759,888 shares for treasury, impacting the total number of voting rights and shares in issue.

More about Drax Group plc

YTD Price Performance: -9.41%

Average Trading Volume: 1,653,821

Technical Sentiment Signal: Sell

Current Market Cap: £2.11B

For detailed information about DRX stock, go to TipRanks’ Stock Analysis page.

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