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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 103,000 of its ordinary shares on the London Stock Exchange. The buyback, part of a program announced in July 2025, aims to manage the company’s capital structure and return value to shareholders. This move reflects Drax’s ongoing commitment to optimizing its financial strategy and enhancing shareholder value.
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
Drax Group plc is a prominent player in the energy industry, 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, positioning itself as a leader in the renewable energy market.
Average Trading Volume: 1,147,608
Technical Sentiment Signal: Buy
Current Market Cap: £2.51B
For an in-depth examination of DRX stock, go to TipRanks’ Overview page.