Ashtead ( (GB:AHT) ) has issued an announcement.
Ashtead Group plc, a company involved in a share repurchase program, announced the repurchase of 85,000 of its ordinary shares on March 12, 2025, as part of its $1.5 billion share buyback initiative. The shares were bought at an average price of 4,323 pence per share, with the lowest and highest prices being 4,283 pence and 4,379 pence, respectively. Following this transaction, the total number of ordinary shares in issue stands at 434,221,383, excluding treasury shares. This transaction is part of Ashtead’s ongoing efforts to manage its capital structure and could impact shareholder calculations under the Disclosure and Transparency Rules.
More about Ashtead
YTD Price Performance: -12.47%
Average Trading Volume: 1,179,371
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £18.74B
For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.