The latest update is out from Ashtead ( (GB:AHT) ).
Ashtead Group plc has executed a share repurchase transaction, buying back 85,000 of its ordinary shares at an average price of 4,341 pence per share as part of its $1.5 billion share repurchase programme. This transaction impacts the company’s share structure, leaving 433,624,756 ordinary shares in issue (excluding treasury shares), which stakeholders can use for notification obligations under regulatory rules.
More about Ashtead
Ashtead Group plc operates in the equipment rental industry, providing a wide range of construction and industrial equipment for rent. The company primarily focuses on the North American market, where it serves various sectors including construction, industrial, and homeowner markets.
YTD Price Performance: -12.07%
Average Trading Volume: 1,149,272
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £18.96B
See more data about AHT stock on TipRanks’ Stock Analysis page.