Drax Group plc ( (GB:DRX) ) just unveiled an update.
Drax Group PLC has announced a change in the voting rights held by the Allan & Gill Gray Foundation, which has decreased from 5.0106% to 4.7002%. This change reflects a disposal of voting rights and may impact the company’s shareholder dynamics, potentially influencing future decision-making processes.
More about Drax Group plc
Drax Group PLC is a UK-based company operating in the energy sector, primarily focusing on renewable energy production and biomass power generation. The company is known for its efforts in reducing carbon emissions and transitioning towards sustainable energy solutions.
YTD Price Performance: -13.35%
Average Trading Volume: 1,462,279
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.04B
For a thorough assessment of DRX stock, go to TipRanks’ Stock Analysis page.