Drax Group plc (GB:DRX) has released an update.
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Drax Group plc has repurchased 186,055 of its own shares at an average price of 663.91 pence as part of its ongoing share buyback program. This move is part of a broader strategy to optimize capital structure and return value to shareholders. The company now holds over 52 million of its shares in treasury, with 375 million voting rights in circulation.
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