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Ashtead ( (GB:AHT) ) just unveiled an announcement.
Ashtead Group plc announced the purchase of 40,000 of its own ordinary shares as part of its $1.5 billion share repurchase program. This transaction, conducted on January 15, 2025, involved shares priced between 5,052 and 5,178 pence, with Barclays Bank PLC acting as the broker. Following the transaction, the total number of ordinary shares in issue, excluding Treasury shares, is 436,259,583. This repurchase reflects Ashtead’s ongoing strategic focus on managing its capital structure and potentially enhancing shareholder value, maintaining a robust position in the financial market.
More about Ashtead
YTD Price Performance: 1.79%
Average Trading Volume: 979,925
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £21.89B
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.
