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Ashtead Group Executes Share Buyback Under $1.5bn Program

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Ashtead Group Executes Share Buyback Under $1.5bn Program

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Ashtead ( (GB:AHT) ) has provided an update.

Ashtead Group plc, a company involved in equipment rental services, has executed a share buyback as part of its $1.5bn repurchase program. On January 13, 2025, the company repurchased 60,000 of its ordinary shares at an average price of 4,850 pence per share. This transaction reduces the number of ordinary shares in circulation to 436,359,583, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

More about Ashtead

YTD Price Performance: -0.72%

Average Trading Volume: 970,387

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £21.36B

See more insights into AHT stock on TipRanks’ Stock Analysis page.

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