Drax Group plc (GB:DRX) has released an update.
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Drax Group plc, a UK-based energy company, has continued its share buyback program, purchasing an additional 150,000 ordinary shares at a weighted average price of 644.40 pence per share. Following the transaction, the total number of shares in issue stands at 427,711,404, with 46,031,587 held in treasury. This buyback is part of a series of repurchases that Drax Group has been conducting since the program’s announcement on 7 August 2024.
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