28th Feb 2025 12:45
Drax Group PLC - Selby, England based electricity generator - Confirms it will start the third GBP75 million tranche of its GBP300 million share buyback programme once the second tranche has completed. So far in the programme launched in October, Drax has bought back 23.4 million shares for GBP150 million in total. Drax released its 2024 results on Thursday, declaring a 13% hike to its annual cash dividend. Pretax profit fell by 5.4% but adjusted earnings were up 5.0%. Read More
