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Drax Group Initiates Final Share Buyback Tranche Amid Strong Financial Discipline – Longspur Research
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Drax Group Initiates Final Share Buyback Tranche Amid Strong Financial Discipline – Longspur Research
Drax Group (LON:DRX) continues to demonstrate financial resilience and strategic clarity as it launches the fourth and final tranche of its ambitious £300 million share buyback programme. According to a recent research note from Longspur Research, the company has announced plans to repurchase up to £75 million in shares, reinforcing investor confidence in its long-term vision and capital discipline. Since July 2024, Drax has been steadily execut…
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