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Drax (DRX) Share News

Takeover Panel establishes "auction process" to determine HEIT future

16th May 2025 19:35

(Alliance News) - The Takeover Panel on Friday said it has established an "auction process" for Harmony Energy Income Trust PLC after neither bidder for the company declared its offer final. Read More

UK "could take more US wood pellets to burn for electricity" — Rollins

14th May 2025 12:29

(Alliance News) - The UK could potentially take more US wood pellets to burn for electricity amid ongoing trade talks, Donald Trump's agriculture secretary has said. Read More

UK dividends calendar - next 7 days

9th May 2025 14:06

Drax shares up as expects adjusted earnings at top end of consensus

1st May 2025 11:26

(Alliance News) - Drax Group PLC on Thursday said its performance in the first quarter of the year was "strong," as it is working to align itself to the UK's energy needs. Read More

LONDON BRIEFING: FTSE 100 called green following Ukraine minerals deal

1st May 2025 07:47

(Alliance News) - London stocks were called to open higher on Thursday, ahead of the manufacturing purchasing managers' index read for the UK. Read More

UK dividends calendar - next 7 days

17th Apr 2025 13:23

EARNINGS AND TRADING: HEIT changes tack and backs Foresight cash bid

16th Apr 2025 21:48

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Drax signs 20-year JV with Power Minerals for low-carbon cement

27th Mar 2025 10:15

(Alliance News) - Drax Group PLC on Thursday said it has entered a 20-year joint venture with Power Minerals Ltd to build a facility that will convert pulverised fuel ash into low-carbon cement material, in a move aimed at reducing emissions in the construction industry. Read More

Drax beats Foresight in bid to buy Harmony Energy Income Trust

25th Mar 2025 10:34

(Alliance News) - Drax Group PLC on Tuesday said it has agreed to buy Harmony Energy Income Trust PLC. Read More

LONDON BRIEFING: Kingfisher to launch buyback; Shell to grow LNG sales

25th Mar 2025 07:47

(Alliance News) - The FTSE 100 was called to open lower on Tuesday, following a US tech stock rally on Monday and ahead of a slew of US data readings. Read More

LONDON BROKER RATINGS: Citi ups Bridgepoint; Barclays cuts Centrica

19th Mar 2025 09:59

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

IN BRIEF: Drax sets third tranche of GBP300 million share buyback

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

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