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The latest announcement is out from Drax Group plc ( (GB:DRX) ).
Drax Group plc announced a transaction involving the buyback of 250,000 of its ordinary shares as part of its ongoing share buyback programme initiated in August 2024. The transaction enhances shareholder value and influences the number of voting rights, potentially impacting shareholder interests and market dynamics.
More about Drax Group plc
Drax Group plc is a prominent company in the energy sector, primarily focused on renewable energy generation and sustainable energy solutions. The company is known for its initiatives in biomass power generation and carbon capture technologies, emphasizing reducing carbon emissions and supporting the energy transition.
YTD Price Performance: 34.63%
Average Trading Volume: 1,155,723
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.05B
See more insights into DRX stock on TipRanks’ Stock Analysis page.
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