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An update from Drax Group plc ( (GB:DRX) ) is now available.
Drax Group plc has executed a share buyback program, purchasing 105,000 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, reflecting the company’s commitment to optimizing its capital structure and enhancing shareholder value. The transaction impacts the total number of shares in issue and voting rights, which stakeholders can use for transparency and disclosure obligations.
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 is a prominent player in the energy sector, primarily focusing on renewable energy and power generation. The company is known for its efforts in transitioning from coal to biomass and other sustainable energy sources, aiming to reduce carbon emissions and contribute to a cleaner energy future.
Average Trading Volume: 1,202,230
Technical Sentiment Signal: Buy
Current Market Cap: £2.46B
See more insights into DRX stock on TipRanks’ Stock Analysis page.