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Drax Group PLC - Yorkshire, England-based power generator - Confirms it will go ahead of the second tranche of its £300 million share buyback programme. Like the first tranche, the second will be worth up to £75 million. So far under the first tranche, begun in July, Drax has bought back 9.0 million shares for £59 million. The buyback will continue to be run by RBC Europe Ltd, and the second tranche will begin as soon as the first is completed, Drax says. Current stock price: 652.50 pence 12-month change: up 59% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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