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Drax Group plc ( (GB:DRX) ) just unveiled an update.
Drax Group plc has executed a share buyback transaction as part of its ongoing programme announced in July 2025. The company repurchased 103,300 ordinary shares on the London Stock Exchange, with prices ranging from 712 to 727 pence per share. This transaction leaves Drax with 432,098,677 ordinary shares in issue, including treasury shares, and a total of 343,507,637 voting rights. The buyback is part of Drax’s strategy to manage its capital structure and return value to shareholders.
The most recent analyst rating on (GB:DRX) stock is a Buy with a £831.00 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 stock score reflects strong financial performance, particularly in cash generation and profitability, supported by positive technical indicators and a favorable valuation. The recent earnings call provided a positive outlook with strategic growth initiatives, though some challenges in specific market segments persist.
To see Spark’s full report on GB:DRX stock, click here.
More about Drax Group plc
Average Trading Volume: 1,139,204
Technical Sentiment Signal: Buy
Current Market Cap: £2.51B
For detailed information about DRX stock, go to TipRanks’ Stock Analysis page.