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The latest update is out from Drax Group plc ( (GB:DRX) ).
Drax Group plc has executed a share buyback program, purchasing 105,350 of its ordinary shares on the London Stock Exchange, with prices ranging from 708.5p to 714.5p per share. This move, part of a broader strategy announced in July 2025, reflects the company’s efforts to manage its capital structure and potentially enhance shareholder value, impacting the total number of shares in issue and voting rights.
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
Drax Group plc operates in the energy sector, primarily focusing on renewable energy generation and supply. The company is known for its biomass-fueled power generation and is a significant player in the transition to sustainable energy solutions.
Average Trading Volume: 1,193,368
Technical Sentiment Signal: Buy
Current Market Cap: £2.45B
See more data about DRX stock on TipRanks’ Stock Analysis page.