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The latest announcement is out from Drax Group plc ( (GB:DRX) ).
Drax Group plc has announced the purchase of 104,523 of its 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’s strategic financial management efforts to optimize its capital structure and potentially enhance shareholder value. The buyback activity indicates a continued commitment to returning capital to shareholders and may influence the company’s stock liquidity and market perception.
The most recent analyst rating on (GB:DRX) stock is a Buy with a £742.00 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 overall score reflects its strong financial performance and attractive valuation, supported by positive earnings call insights. However, technical indicators suggest potential bearish momentum, and challenges in revenue growth and market conditions pose risks.
To see Spark’s full report on GB:DRX stock, click here.
More about Drax Group plc
Average Trading Volume: 1,193,028
Technical Sentiment Signal: Buy
Current Market Cap: £2.45B
For an in-depth examination of DRX stock, go to TipRanks’ Overview page.