tiprankstipranks
Ashtead Executes Share Buyback as Part of $1.5bn Program
Company Announcements

Ashtead Executes Share Buyback as Part of $1.5bn Program

Story Highlights

Invest with Confidence:

An announcement from Ashtead ( (GB:AHT) ) is now available.

Ashtead Group plc has executed a share repurchase transaction, purchasing 40,000 ordinary shares for Treasury as part of its $1.5 billion repurchase program announced in December 2024. This transaction affects the total number of shares in issue, which now stands at 435,996,991, excluding those held in Treasury, and is relevant for shareholders and stakeholders under the Disclosure and Transparency Rules.

More about Ashtead

Ashtead Group plc operates in the industrial equipment rental industry, providing equipment for a variety of sectors including construction, infrastructure, and manufacturing. The company is a major player in the market with a focus on expanding its share repurchase program.

YTD Price Performance: 9.45%

Average Trading Volume: 1,042,339

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £23.53B

For an in-depth examination of AHT stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App