Business
Transaction in Own Shares
Drax Group PLC has executed a share buyback, purchasing 75,351 ordinary shares on March 24, 2026, at a volume-weighted average price of 856.6818 pence per share, with prices ranging from 845.0000 to 867.0000 pence. Following this transaction, the company's total issued ordinary shares stand at 432,461,089, with 95,658,242 held in treasury, resulting in 336,802,847 voting rights excluding treasury shares. Since the program's inception on July 31, 2025, Drax Group has repurchased a total of 8,565,430 ordinary shares for treasury. Disclaimer*
About this update from Drax Group Plc
[{"type":"text","content":"\n\n\n\n\n\n25 March 2026\n \nDrax Group plc\n \nTransactions in own shares\n \nDrax Group plc (Drax Group) announces that, in accordance with the terms of its share buyback programme (the \"Programme\") announced on 31 July 2025, it has purchased the following number of its ordinary shares of 11 16/29 pence each (Ordinary Shares) on the London Stock Exchange through J.P. Morgan Securities plc.\n \n\n\n\n\n\n\n\n\nDate of purchase:\n\n\n24 March 2026\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n \n\n\n\n\nNumber of ordinary shares purchased:\n\n\n75,351\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n \n\n\n\n\nLowest price paid per ordinary share (p):\n\n\n845.0000\n\n\n\n\n \n\n\n \n\n\n\n\nHighest price paid per ordinary share (p):\n\n\n867.0000\n\n\n\n\n \n\n\n \n\n\n\n\nVolume weighted average price paid per share (p):\n\n\n856.6818\n\n\n\n\n\n\n\n\n\n \nFollowing the above transaction, Drax Group will have 432,461,089 Ordinary Shares in issue, including treasury shares. The total number of Ordinary Shares held in treasury is 95,658,242.\n \nThe total number of voting rights in Drax Group, excluding treasury shares as at 24 March 2026 is 336,802,847. This figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Drax Group under the FCA's Disclosure and Transparency Rules.\n \nSince the announcement of the Programme on 31 July 2025, Drax Group has purchased 8,565,430 Ordinary Shares in aggregate for treasury.\n \nIn accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made by J.P. Morgan Securities plc on behalf of Drax Group as part of the Programme is detailed below:\n \nAggregate information:\n \n\n\n\n\n\n\n\n\nVenue\n\n\nWeighted Average Price (pence per share)\n\n\nAggregated Volume\n\n\n\n\nXLON\n\n\n856.6465\n\n\n37,718\n\n\n\n\nBATE\n\n\n856.6105\n\n\n30,033\n\n\n\n\nCHIX\n\n\n857.1388\n\n\n7,600\n\n\n\n\n\n\n\n\n\n \nIndividual transactions:\n \n\n\n\n\n\n\n\n\nTime\n\n\nVolume\n\n\nPrice (GBp)\n\n\nTrading Venue\n\n\nTransaction Reference Number\n\n\n\n\n08:09:11\n\n\n198\n\n\n857.5000\n\n\nXL...