Drax Group PLC (GB:DRX)
LSE:DRX
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Drax Group plc
(LSE:DRX)
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Rating:69Neutral
Price Target:
971.00 p
â–²(13.50% Upside)
Action:DowngradedDate:02/28/26
The score is driven primarily by mid-range financial performance (strong cash generation and manageable leverage but weaker recent profitability) and supportive technicals (trading above key moving averages with neutral momentum). Valuation metrics are very favorable on the provided P/E and dividend yield, while the earnings call adds a positive tilt from reiterated multi-year free cash flow and shareholder returns, tempered by impairments and near-term earnings pressure under the new CfD regime.
Positive Factors
Strong multi-year free cash flow and disciplined capital allocation
A multi‑year FCF target and demonstrated delivery in 2025 provide durable internal funding for buybacks, dividends and growth. Reliable cash generation reduces reliance on external financing, supports investment in BESS/data center projects and underpins capital allocation discipline over the medium term.
Negative Factors
Large impairments reflecting asset and market challenges
Material one‑off impairments signal previous overinvestment or deteriorating market/regulatory outlooks for parts of the pellet and BECCS businesses. This reduces equity, constrains reinvestment capacity and highlights structural execution or pricing risks in international pellet and carbon capture projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong multi-year free cash flow and disciplined capital allocation
A multi‑year FCF target and demonstrated delivery in 2025 provide durable internal funding for buybacks, dividends and growth. Reliable cash generation reduces reliance on external financing, supports investment in BESS/data center projects and underpins capital allocation discipline over the medium term.
Read all positive factors
Drax Group plc (DRX) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£2.88B
Dividend Yield2.78%
Average Volume (3M)1.09M
Price to Earnings (P/E)0.4
Beta (1Y)1.09
Revenue Growth-19.04%
EPS Growth-34.52%
CountryUK
Employees3,250
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)-0.41
Shares Outstanding336,654,170
10 Day Avg. Volume851,735
30 Day Avg. Volume1,088,989
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.02
Price to Sales (P/S)0.00551
P/FCF Ratio0.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£917.70Price Target Upside7.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.78
Revenue Forecast (FY)£5.24B
Drax Group plc Business Overview & Revenue Model
Company Description
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, disp...
How the Company Makes Money
Drax Group generates revenue primarily through the sale of electricity produced from its power generation facilities. The transition to biomass has allowed Drax to benefit from government incentives and subsidies aimed at promoting renewable energ...
Drax Group plc Earnings Call Summary
Earnings Call Date:Feb 26, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Jul 23, 2026
Earnings Call Sentiment Positive
The call presented a broadly positive strategic and financial position: strong 2025 operational execution, record renewable and pellet production, robust balance sheet (0.8x leverage) and clear capital allocation plans including shareholder returns and a sizeable growth pipeline (notably >700 MW of BESS and data center optioning). Material negatives were disclosed — notably significant impairments (total ~GBP 385m) tied to the Canadian pellet business and paused projects, workforce reductions, and near-term operational outages — but management framed these as strategic realignment and disciplined capital allocation while emphasizing contracted cash flows from the newly signed low-carbon dispatchable CfD and the growth pathway in FlexGen. On balance, the positive operational and financial momentum, the secured CfD, and the progressing BESS/data center pipeline outweigh the setbacks and one-time charges.Positive Updates
Strong Group Financial Performance
Adjusted EBITDA of GBP 947 million in 2025; adjusted EPS 137.7p, up 7% versus 2024; net debt GBP 784 million representing 0.8x 2025 EBITDA (well below 2x target); total cash and committed facilities GBP 942 million.
Negative Updates
Canadian Pellet Business Challenges and Impairments
Canadian pellet margins deteriorated due to rising fibre costs and constrained supply; recognized an impairment charge of GBP 198 million against the Canadian business and a GBP 139 million impairment for the paused Longview project in Washington.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Group Financial Performance
Adjusted EBITDA of GBP 947 million in 2025; adjusted EPS 137.7p, up 7% versus 2024; net debt GBP 784 million representing 0.8x 2025 EBITDA (well below 2x target); total cash and committed facilities GBP 942 million.
Read all positive updates
Company Guidance
Management reiterated guidance to generate c. GBP 3.0bn of free cash flow between 2025–2031 (c. GBP 0.5bn delivered in 2025), of which it will allocate over GBP 1.0bn to shareholders (inclusive of the ongoing GBP 450m 3‑year buyback) and up to c. GBP 2.0bn to growth; 2025 adjusted EBITDA was GBP 947m, adjusted EPS 137.7p (+7% vs 2024), net debt GBP 784m (0.8x 2025 EBITDA versus a long‑term target of ~2x) and cash & committed facilities GBP 942m, with an expected full‑year dividend of 29p (+11.5%). The group reiterates a post‑2027 adjusted EBITDA target of GBP 600–700m p.a. (pellet production, biomass generation and FlexGen, before development spend), expects structural cost savings of >GBP 150m p.a. by 2027 (vs 2024), and plans continued capital deployment (c. GBP 0.5bn already committed to batteries, GBP 300m committed to battery tolling agreements) while keeping over half of 2026 growth CapEx focused on BESS. Operational and project metrics include record biomass generation of 15 TWh and pellet production of 4.2Mt in 2025, Drax accounting for ~6% of UK power and ~11% of renewables (and >50% of renewables in some low‑wind peaks), use of ~2Mt own pellets from the US South, operational control of >700MW of batteries (260MW acquired from Apatura with an option for +289MW, plus 450MW tolling deals), acquisition of Flexitricity for ~GBP 36m, Cruachan storing >7GWh and running up to 16 hours with a GBP 80m upgrade (2025–27), open‑cycle earnings underpinned by ~GBP 270m of capacity market payments—and noted one‑off charges taken in 2025 (GBP 198m Canadian pellets, GBP 139m Longview impairment and GBP 48m BECCS impairment).Drax Group plc Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
63
Positive
Cash Flow
72
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.36B | 6.16B | 8.13B | 7.78B | 5.09B |
| Gross Profit | 1.15B | 1.88B | 1.78B | 1.02B | 891.20M |
| EBITDA | 775.70M | 1.10B | 1.14B | 400.10M | 391.50M |
| Net Income | 73.00M | 526.60M | 562.20M | 85.10M | 55.10M |
Balance Sheet | |||||
| Total Assets | 4.50B | 5.39B | 6.04B | 6.39B | 5.82B |
| Cash, Cash Equivalents and Short-Term Investments | 302.10M | 356.00M | 379.50M | 238.00M | 317.40M |
| Total Debt | 1.15B | 1.29B | 1.56B | 1.59B | 1.49B |
| Total Liabilities | 2.78B | 3.30B | 4.06B | 5.07B | 4.52B |
| Stockholders Equity | 1.71B | 2.08B | 1.97B | 1.31B | 1.29B |
Cash Flow | |||||
| Free Cash Flow | 527.80M | 472.00M | 394.50M | 33.00M | 96.80M |
| Operating Cash Flow | 809.80M | 859.50M | 835.60M | 207.70M | 306.50M |
| Investing Cash Flow | -288.40M | -389.90M | -451.80M | -180.70M | -228.80M |
| Financing Cash Flow | -577.50M | -491.60M | -237.90M | -111.90M | -50.40M |
Drax Group plc Technical Analysis
Negative
855.50
Price Trends
880.75
Negative
835.44
Positive
758.79
Positive
Market Momentum
-3.31
Positive
43.51
Neutral
31.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DRX, the sentiment is Negative. The current price of 855.5 is below the 20-day moving average (MA) of 873.95, below the 50-day MA of 880.75, and above the 200-day MA of 758.79, indicating a neutral trend. The MACD of -3.31 indicates Positive momentum. The RSI at 43.51 is Neutral, neither overbought nor oversold. The STOCH value of 31.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:DRX.
Drax Group plc Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £29.92B | 16.49 | 7.09% | 2.98% | 1.78% | -50.72% | |
69 Neutral | £2.88B | 0.40 | 3.94% | 2.78% | -19.04% | -34.52% | |
67 Neutral | £2.44B | 9.64 | 3.09% | 6.56% | 19.50% | ― | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
59 Neutral | £9.12B | -112.68 | 1.68% | 2.86% | -4.82% | -123.58% | |
58 Neutral | £20.24M | -1.05 | -68.06% | ― | -60.76% | -230.39% | |
45 Neutral | ― | 11.56 | -0.41% | 12.07% | ― | ― |
* Utilities Sector Average
GB:DRX
Drax Group plc
855.50
295.25
52.70%
GB:AMP
SIMEC Atlantis Energy
2.80
0.55
24.44%
GB:CNA
Centrica
201.90
56.93
39.27%
GB:PNN
Pennon Group plc
517.50
92.92
21.89%
GB:SSE
SSE
2,482.00
938.82
60.84%
GB:FGEN
Foresight Environmental Infrastructure Limited GBP
70.20
5.74
8.90%
Drax Group plc Corporate Events
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Tightens Free Float with Further Share Buybacks
Positive
Feb 27, 2026
Drax Group has continued to execute its previously announced share buyback programme, repurchasing 72,500 ordinary shares on 26 February 2026 at a volume-weighted average price of about 898.85 pence. The purchases, carried out through J.P. Morgan ...
DividendsFinancial Disclosures
Drax Declares Final 17.4p Dividend for 2025
Positive
Feb 26, 2026
Drax Group plc has declared a final dividend of 17.4 pence per share for the financial year ended 31 December 2025, with payment contingent on shareholder approval at the company’s 2026 annual general meeting. The dividend will trade ex-divi...
Business Operations and StrategyStock Buyback
Drax Tightens Free Float With Further Share Buyback
Positive
Feb 26, 2026
Drax Group plc continued executing its previously announced share buyback programme, repurchasing 72,457 ordinary shares on 25 February 2026 via J.P. Morgan Securities at a volume-weighted average price of 876.5882 pence. The transaction forms par...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Drax boosts renewables output, dividend and buybacks as new CfD underpins growth push
Positive
Feb 26, 2026
Drax reported record renewable generation in 2025, supplying 6% of UK power and 11% of its renewables, alongside a 5% rise in pellet output, while adjusted EBITDA dipped to £947m and operating profit fell sharply due to a £378m impairmen...
Stock BuybackRegulatory Filings and Compliance
Drax Continues Share Buyback, Lifts Treasury Holdings and Updates Voting Rights
Positive
Feb 25, 2026
Drax Group plc has continued its previously announced share buyback programme, repurchasing 73,800 ordinary shares on 24 February 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 876.3681 pence. Fo...
Stock BuybackFinancial Disclosures
Drax Continues Share Buyback, Lifts Treasury Holdings to Over 94 Million Shares
Positive
Feb 24, 2026
Drax Group plc has repurchased 72,834 ordinary shares on the London Stock Exchange under its ongoing share buyback programme announced in July 2025. The shares were bought at prices between 864p and 873.5p, at a volume-weighted average price of 86...
Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Tightening Free Float and Voting Base
Positive
Feb 23, 2026
Drax Group plc has continued executing its previously announced share buyback programme, repurchasing 73,072 ordinary shares on 20 February 2026 via J.P. Morgan Securities at prices between 857.5p and 875.5p, with a volume-weighted average of 866....
Stock BuybackRegulatory Filings and Compliance
Drax Buys Back More Shares, Updates Voting Rights Count
Neutral
Feb 20, 2026
Drax Group plc continued its ongoing share buyback programme, repurchasing 73,060 ordinary shares on 19 February 2026 via J.P. Morgan Securities at a volume-weighted average price of 868.0461 pence. Following this transaction, the company has 432,...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Tightens Free Float With Ongoing Share Buyback
Positive
Feb 19, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 73,200 ordinary shares on 18 February 2026 via J.P. Morgan Securities at a volume-weighted average price of 879.0754 pence. Following this lates...
Business Operations and Strategy
Drax Expands Battery Storage Portfolio with 200MW Zenobē Tolling Deal
Positive
Feb 19, 2026
Drax Group has signed a 15-year tolling agreement with Zenobē for 200MW (800MWh) of battery energy storage capacity at Coalburn in Scotland, giving Drax full operational control and dispatch rights without any upfront capital cost. Zenobē...
Financial Disclosures
Drax Schedules Full-Year 2025 Results and Investor Webcast
Neutral
Feb 18, 2026
Drax Group plc, the U.K.-listed power and energy company, has scheduled the release of its full-year financial results for the 12 months ended 31 December 2025. The company continues its practice of engaging capital markets participants through st...
Stock BuybackRegulatory Filings and Compliance
Drax Continues Share Buyback, Updates Voting Rights Count
Neutral
Feb 18, 2026
Drax Group plc has continued executing its share buyback programme, repurchasing 73,400 ordinary shares on 17 February 2026 via J.P. Morgan Securities at a volume-weighted average price of 871.4789 pence. The transaction forms part of a wider capi...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Tightens Free Float With Further Share Buybacks
Positive
Feb 17, 2026
Drax Group plc has continued executing its share buyback programme, repurchasing 74,233 ordinary shares on 16 February 2026 at prices between 850p and 871p, with a volume-weighted average price of 862.2412p. Following this latest tranche, the comp...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Continues Share Buyback, Updates Share Capital and Voting Rights
Positive
Feb 16, 2026
Drax Group plc has continued executing its previously announced share buyback programme, repurchasing 73,200 ordinary shares on 13 February 2026 via J.P. Morgan Securities at a volume-weighted average price of about 863.8 pence. Following these la...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Expands Treasury Stock as Share Buyback Programme Progresses
Positive
Feb 13, 2026
Drax Group plc continued to execute its previously announced share buyback programme, repurchasing 73,532 ordinary shares on 12 February 2026 via J.P. Morgan Securities at prices between 842.0p and 873.5p, with a volume-weighted average of 860.196...
Business Operations and StrategyExecutive/Board Changes
Drax strengthens board with appointment of veteran executive Mark Clare
Positive
Feb 13, 2026
Drax Group plc has appointed Mark Clare as a non-executive director, effective 13 February 2026, bringing extensive board and executive experience from major UK-listed companies in energy, utilities, construction and consumer services. Clare’...
Stock BuybackRegulatory Filings and Compliance
Drax Tightens Free Float with Further Share Buybacks and Updated Voting Rights
Positive
Feb 12, 2026
Drax Group plc has continued executing its previously announced share buyback programme, repurchasing 71,985 ordinary shares on 11 February 2026 via J.P. Morgan Securities at a volume-weighted average price of 876.1563 pence. The company now has 4...
Stock BuybackRegulatory Filings and Compliance
Drax Tightens Free Float as Buyback Lifts Treasury Stock and Resets Voting Base
Positive
Feb 11, 2026
Drax Group plc has continued executing its share buyback programme, repurchasing 71,841 ordinary shares on 10 February 2026 via J.P. Morgan Securities at a volume-weighted average price of 879.3896 pence. Following this transaction, the company ha...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Buys Back More Shares, Cuts Free Float to 338.8 Million Voting Rights
Positive
Feb 10, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 72,800 ordinary shares on 9 February 2026 via J.P. Morgan Securities at prices between 873.5p and 886.0p, with a volume-weighted average price o...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Continues Share Buyback, Updates Voting Rights After February Repurchase
Positive
Feb 9, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 73,721 ordinary shares on 6 February 2026 via J.P. Morgan Securities at prices ranging between 860p and 879p per share. The latest transaction b...
Stock BuybackRegulatory Filings and Compliance
Drax Tightens Free Float with Further Share Buyback
Positive
Feb 6, 2026
Drax Group plc has repurchased 72,600 of its ordinary shares on the London Stock Exchange under its previously announced share buyback programme, at prices ranging between 863.5p and 891.5p per share and a volume-weighted average price of 873.2897...
Business Operations and StrategyStock BuybackFinancial Disclosures
Drax Buys Back More Shares, Cutting Free Float to 339m Voting Rights
Positive
Feb 5, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 70,600 ordinary shares on 4 February 2026 on the London Stock Exchange at a volume-weighted average price of 910.1779 pence per share via J.P. M...
Stock Buyback
Drax Tightens Free Float With Further Share Buybacks
Positive
Feb 4, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 70,200 ordinary shares on 3 February 2026 on the London Stock Exchange at prices between 906p and 917.5p, with a volume-weighted average price o...
Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Holdings to Nearly 93 Million Shares
Positive
Feb 3, 2026
Drax Group plc has continued to execute its ongoing share buyback programme, repurchasing 71,000 ordinary shares on 2 February 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume‑weighted average price of about 905 pence...
Regulatory Filings and Compliance
Drax Confirms Total Voting Rights at 339.2 Million Shares
Neutral
Feb 2, 2026
Drax Group plc has reported that, as of 31 January 2026, its issued share capital comprised 432,245,032 ordinary shares, each carrying one vote, of which 93,020,789 are held in treasury and therefore do not have voting rights. This leaves a total ...
Business Operations and StrategyStock Buyback
Drax Adds to Buyback with Further Share Repurchases
Positive
Feb 2, 2026
Drax Group plc has continued its previously announced share buyback programme with the repurchase of 69,513 ordinary shares on 30 January 2026 on the London Stock Exchange, at prices ranging between 896.5p and 904.0p per share and a volume-weighte...
Stock Buyback
Drax Buys Back More Shares, Cutting Free Float to 339.3 Million
Positive
Jan 30, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 70,300 ordinary shares on 29 January 2026 on the London Stock Exchange at prices ranging between 894.5p and 912.5p, at a volume-weighted average...
Business Operations and Strategy
Drax Signs Capital-Light Tolling Deal for 250MW Battery Storage at West Burton
Positive
Jan 30, 2026
Drax Group has signed its first tolling agreement for 250MW (500MWh) of battery energy storage capacity with Fidra Energy’s West Burton C project in England, further expanding its FlexGen portfolio. The 10-year, capital-light deal gives Drax...
Business Operations and StrategyStock Buyback
Drax Expands Treasury Holdings as Share Buyback Programme Progresses
Positive
Jan 29, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 68,797 ordinary shares on 28 January 2026 via J.P. Morgan Securities at prices ranging from 906.5p to 916.0p, with a volume-weighted average pri...
Stock Buyback
Drax Continues Share Buyback, Lifting Treasury Holdings to 5.7 Million Shares
Positive
Jan 28, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 70,181 ordinary shares on 27 January 2026 on the London Stock Exchange at prices ranging between 897.0p and 914.5p, with a volume-weighted avera...
Stock Buyback
Drax Continues Share Buyback, Lifting Treasury Holdings and Reducing Free Float
Positive
Jan 27, 2026
Drax Group plc has continued executing its previously announced share buyback programme, repurchasing 71,279 ordinary shares on 26 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 894.1715 ...
Business Operations and StrategyStock BuybackFinancial Disclosures
Drax Adds to Buyback, Lifts Treasury Share Holdings and Tightens Free Float
Positive
Jan 26, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 68,484 ordinary shares on 23 January 2026 via J.P. Morgan Securities at prices between 890.0p and 898.5p, with a volume-weighted average of 894....
Stock BuybackRegulatory Filings and Compliance
Drax Buys More Shares Under Ongoing Buyback, Trimming Free Float
Positive
Jan 23, 2026
Drax Group plc has continued to execute its share buyback programme, repurchasing 63,364 ordinary shares on 22 January 2026 via J.P. Morgan Securities at a volume-weighted average price of 893.811 pence per share. Following this latest tranche, th...
Business Operations and StrategyStock Buyback
Drax Buys Back More Shares, Reducing Free Float and Consolidating Capital
Positive
Jan 22, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 63,299 ordinary shares on 21 January 2026 via J.P. Morgan Securities at prices ranging from 877.0p to 894.5p, with a volume-weighted average pri...
Stock Buyback
Drax Buys Back More Shares, Reducing Free Float and Voting Stock
Positive
Jan 21, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 62,092 ordinary shares on 20 January 2026 on the London Stock Exchange at prices between 876.0p and 890.5p, with a volume-weighted average price...
Business Operations and StrategyM&A Transactions
Drax to Acquire Flexitricity in £36m Deal to Boost Battery Storage and FlexGen Growth
Positive
Jan 21, 2026
Drax Group has agreed to acquire Flexitricity Limited, a UK-based optimiser of flexible energy assets, for £36 million, subject to regulatory approvals, with completion expected in the first quarter of 2026. Flexitricity, founded in 2004 and ...
Business Operations and StrategyStock Buyback
Drax Buys Back More Shares as Capital Return Programme Continues
Positive
Jan 20, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 61,669 ordinary shares on 19 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 899.6631...
Stock Buyback
Drax Buys Back More Shares, Reducing Free Float and Clarifying Voting Rights
Positive
Jan 19, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 62,163 ordinary shares on 16 January 2026 via J.P. Morgan Securities at prices between 899.0p and 908.5p, with a volume-weighted average price o...
Business Operations and StrategyStock Buyback
Drax Buys Back More Shares, Reducing Free Float and Consolidating Capital
Positive
Jan 16, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 62,800 ordinary shares on 15 January 2026 via J.P. Morgan Securities at a volume-weighted average price of 899.569 pence. Following this latest ...
Stock Buyback
Drax Continues Share Buyback, Lifting Treasury Holdings and Reducing Free Float
Positive
Jan 15, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 64,178 ordinary shares on 14 January 2026 on the London Stock Exchange at prices ranging between 883.5p and 894.5p per share, with a volume-weig...
Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Tightening Free Float and Boosting Capital Returns
Positive
Jan 13, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 61,478 ordinary shares on 12 January 2026 on the London Stock Exchange at prices between 885.0p and 895.5p, with a volume-weighted average price...
Stock BuybackFinancial Disclosures
Drax Continues Share Buyback, Lifts Treasury Holdings to Nearly 92 Million Shares
Positive
Jan 13, 2026
Drax Group plc has repurchased 61,478 of its ordinary shares on the London Stock Exchange under its ongoing share buyback programme, paying prices between 885.0p and 895.5p per share, with a volume-weighted average of 889.7024p. Following this lat...
Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Holdings and Trims Voting Share Count
Positive
Jan 12, 2026
Drax Group plc has continued executing its previously announced share buyback programme, repurchasing 63,500 ordinary shares on 9 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 890.3963 p...
Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Holdings to Nearly 92 Million Shares
Positive
Jan 9, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 64,176 ordinary shares on 8 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 887.4286 ...
Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Shareholding and Trims Free Float
Positive
Jan 6, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, purchasing 53,752 ordinary shares on 5 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 848.6524 pe...
Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Holdings to 91.9 Million Shares
Positive
Jan 5, 2026
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 67,355 ordinary shares on 2 January 2026 on the London Stock Exchange via J.P. Morgan Securities at prices between 835p and 850p, with a volume-...
Regulatory Filings and Compliance
Drax Updates Market on Total Voting Rights and Share Capital
Neutral
Jan 2, 2026
Drax Group plc has reported that, as of 31 December 2025, its issued share capital comprised 432,171,763 ordinary shares, each carrying one vote, of which 91,788,405 are held in treasury and therefore do not carry voting rights. As a result, the t...
Business Operations and StrategyStock Buyback
Drax Buys Back Further Shares as Capital Return Programme Progresses
Positive
Dec 24, 2025
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 67,673 ordinary shares on 23 December 2025 on the London Stock Exchange at prices ranging between 829p and 836p, with a volume-weighted average ...
Business Operations and StrategyStock Buyback
Drax Buys Back Further Shares, Reducing Free-Float Voting Stock
Positive
Dec 23, 2025
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 67,809 ordinary shares on 22 December 2025 on the London Stock Exchange at prices between 820.5p and 829.5p, with a volume‑weighted averag...
Stock Buyback
Drax Tightens Share Base With Further Buyback on 19 December
Positive
Dec 22, 2025
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 pe...
Stock BuybackRegulatory Filings and Compliance
Drax Buys Back Further Shares, Reducing Free Float and Updating Voting Rights
Positive
Dec 19, 2025
Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 68,491 ordinary shares on 18 December 2025 on the London Stock Exchange at prices ranging between 811.5p and 820.5p, with a volume-weighted aver...
Business Operations and StrategyStock Buyback
Drax Group Updates on Share Buyback Program
Positive
Dec 18, 2025
Drax Group announced updates on its share buyback program, revealing the purchase of 69,774 ordinary shares on 17 December 2025. This program, initiated in July 2025, underscores the company’s efforts to optimize its capital structure and re...
Business Operations and StrategyStock Buyback
Drax Group Enhances Capital Strategy with Share Buyback
Positive
Dec 16, 2025
Drax Group plc has executed a share buyback program, purchasing 71,419 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aimed at optimizing the company’s capital structure a...
Business Operations and StrategyStock Buyback
Drax Group Continues Share Buyback Programme
Neutral
Dec 15, 2025
Drax Group plc has announced the purchase of 71,792 of its own ordinary shares as part of its ongoing share buyback programme, which was initiated on 31 July 2025. This transaction, executed through J.P. Morgan Securities plc, reflects Drax Group&...
Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program
Positive
Dec 12, 2025
Drax Group plc has executed a share buyback program, purchasing 48,477 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced earlier in the year, reflecting the company’s commitment to optimiz...
Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program to Enhance Shareholder Value
Positive
Dec 11, 2025
Drax Group plc has executed a share buyback program, purchasing 50,262 ordinary shares on the London Stock Exchange as part of a previously announced initiative. This move is part of a broader strategy to manage its capital structure and enhance s...
Business Operations and StrategyFinancial Disclosures
Drax Group Reports Strong 2025 Performance and Future Growth Plans
Positive
Dec 11, 2025
Drax Group plc reports strong performance in 2025, with expectations for adjusted EBITDA at the top end of consensus estimates. The company aims to generate £3 billion in free cash flow from 2025 to 2031, supporting significant shareholder re...
Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Optimize Capital Structure
Neutral
Dec 10, 2025
Drax Group plc has executed a share buyback program, purchasing 51,004 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aiming to consolidate its share capital and potentially enh...
Business Operations and StrategyStock Buyback
Drax Group Enhances Shareholder Value with Share Buyback
Positive
Dec 9, 2025
Drax Group plc announced a recent transaction involving the purchase of 70,540 of its own shares as part of a share buyback program initiated in July 2025. This move is part of the company’s strategy to manage its capital structure and retur...
Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 8, 2025
Drax Group plc has executed a share buyback program, purchasing 71,467 of its ordinary shares on the London Stock Exchange. This move is part of a broader initiative announced in July 2025, which has seen the company acquire a total of 3,872,378 s...
Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Neutral
Dec 5, 2025
Drax Group plc announced the purchase of 72,833 of its ordinary shares as part of its ongoing share buyback program. This transaction, conducted through J.P. Morgan Securities plc, reflects Drax’s strategic initiative to manage its capital s...
Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Programme
Positive
Dec 4, 2025
Drax Group plc has announced the purchase of 72,858 of its ordinary shares as part of its ongoing share buyback programme, which was initiated on 31 July 2025. This transaction is part of a larger effort, with the company having acquired a total o...
Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Positive
Dec 3, 2025
Drax Group plc announced the purchase of 76,241 of its own ordinary shares as part of its ongoing share buyback program initiated in July 2025. This transaction, executed through J.P. Morgan Securities plc, reflects Drax’s strategy to manage...
Stock Buyback
Drax Group Advances Share Buyback Programme
Neutral
Dec 2, 2025
Drax Group plc announced the purchase of 74,094 of its own ordinary shares as part of its ongoing share buyback programme. This transaction, executed through J.P. Morgan Securities plc, is part of a larger initiative that has seen the company repu...
Regulatory Filings and Compliance
Drax Group Announces Share Capital and Voting Rights Update
Neutral
Dec 1, 2025
Drax Group plc announced its total voting rights and share capital as of November 30, 2025. The company’s issued share capital consists of 432,166,899 ordinary shares, with 90,646,285 held in treasury, resulting in 341,520,614 voting rights....
Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Positive
Dec 1, 2025
Drax Group plc announced the purchase of 74,934 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through J.P. Morgan Securities plc, is part of a broader strategy to manage the company’s capital...
Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 1, 2025
Drax Group plc has executed a share buyback program, purchasing 74,934 of its ordinary shares on the London Stock Exchange, as part of a previously announced initiative. This move is part of Drax’s strategy to manage its capital structure an...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Group Advances Share Buyback Strategy
Neutral
Nov 28, 2025
Drax Group plc has executed a share buyback program, purchasing 77,543 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aimed at optimizing capital structure and enhancing shareho...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.