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Ashtead Executes Share Repurchase as Part of $1.5 Billion Buyback

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Ashtead Executes Share Repurchase as Part of $1.5 Billion Buyback

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Ashtead ( (GB:AHT) ) has issued an announcement.

Ashtead Group plc has executed a share repurchase of 40,000 ordinary shares as part of its $1.5 billion buyback program. This transaction, aimed at optimizing capital structure, brings the remaining shares in issue to 435,477,757 and could influence shareholder interests under the Disclosure and Transparency Rules.

More about Ashtead

Ashtead Group plc operates in the equipment rental industry, providing a range of construction and industrial equipment. The company primarily focuses on the North American and UK markets, delivering essential tools and machinery for various projects.

YTD Price Performance: 2.96%

Average Trading Volume: 1,115,275

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £21.28B

Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.

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