An announcement from Drax Group plc ( (GB:DRX) ) is now available.
Drax Group plc has executed a share buyback transaction, acquiring 363,607 of its ordinary shares at an average price of 578.88 pence each. This move is part of a previously announced buyback programme, aiming to consolidate shares and potentially enhance shareholder value by reducing the number of shares in circulation.
More about Drax Group plc
Drax Group plc operates in the energy sector, focusing on renewable energy and power generation. The company is known for its biomass-fueled power stations and efforts to reduce carbon emissions, positioning itself as a leader in sustainable energy solutions.
YTD Price Performance: -10.57%
Average Trading Volume: 1,500,794
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.1B
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