tiprankstipranks
Drax Group’s Strategic Share Buyback Initiative
Company Announcements

Drax Group’s Strategic Share Buyback Initiative

Drax Group plc (GB:DRX) has released an update.

Don't Miss our Black Friday Offers:

Drax Group plc has successfully executed a share buyback program, acquiring 349,637 of its ordinary shares at an average price of 627.11 pence per share. This move is part of a broader strategy announced in August 2024, aiming to purchase a total of 10,646,518 shares for treasury. Investors interested in Drax’s stock will note the impact on the total voting rights, now standing at 376,997,800.

For further insights into GB:DRX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskDrax Group Expands Share Buyback Program
TipRanks UK Auto-Generated NewsdeskDrax Group Boosts Shareholder Value with Buyback Strategy
TipRanks UK Auto-Generated NewsdeskDrax Group Enhances Share Buyback Strategy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App