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Drax Group plc ( (GB:DRX) ) has shared an update.
Drax Group plc has continued to execute its ongoing share buyback programme, repurchasing 67,395 ordinary shares on 19 December 2025 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of approximately 824 pence per share. Following this latest transaction, the company has 432,171,763 ordinary shares in issue, of which 91,652,923 are held in treasury, leaving 340,518,840 voting shares in circulation, and it has now acquired a total of 4,511,523 shares for treasury since the buyback programme began in July 2025, further consolidating its share base and adjusting the balance of voting rights for existing investors.
The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.
Spark’s Take on GB:DRX Stock
According to Spark, TipRanks’ AI Analyst, GB:DRX is a Outperform.
Drax Group plc’s strong financial performance, particularly in cash generation and profitability, along with positive technical indicators and a favorable valuation, contribute significantly to its overall score. The company’s strategic initiatives, including share buybacks and government agreements, further bolster its market position. However, challenges in revenue growth and market dynamics in the pellet sector pose risks that need careful management.
To see Spark’s full report on GB:DRX stock, click here.
More about Drax Group plc
Drax Group plc is a UK-listed energy company best known for owning and operating the Drax Power Station in North Yorkshire, one of the country’s largest power generation assets, and has been repositioning itself around renewable and low-carbon power solutions. Its shares are traded on the London Stock Exchange and are widely held by institutional and retail investors who closely track changes in the company’s capital structure and voting rights.
Average Trading Volume: 1,150,312
Technical Sentiment Signal: Buy
Current Market Cap: £2.83B
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.