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Drax Group PLC - Selby, England-based electricity generator - Starts fourth tranche of share buyback programme worth £75 million, following the conclusion of the third tranche on Friday. The total share buyback programme, announced last July, is worth £300 million. So far, Drax has bought £225 million worth of shares in the first three tranches. Says the purpose of the fourth and final tranche is to reduce share capital. The shares will be held in treasury pending cancellation or re-issue. Current stock price: 663.50 pence, up 0.4% in London on Monday afternoon 12-month change: up 29% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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