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An announcement from Drax Group plc ( (GB:DRX) ) is now available.
Drax Group plc has executed a share buyback program, purchasing 100,200 of its ordinary shares on the London Stock Exchange. This move is part of a larger strategy announced in July 2025, where the company has acquired a total of 1,754,012 shares for treasury. The buyback is expected to impact the company’s share capital structure, potentially enhancing shareholder value and reflecting confidence in its financial health.
The most recent analyst rating on (GB:DRX) stock is a Hold with a £689.00 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
Drax Group plc operates in the energy sector, primarily focusing on renewable energy solutions and power generation. The company is known for its efforts in biomass energy production and aims to contribute to sustainable energy initiatives.
Average Trading Volume: 1,132,451
Technical Sentiment Signal: Buy
Current Market Cap: £2.48B
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.