An announcement from Ashtead ( (GB:AHT) ) is now available.
Ashtead Group plc has executed a share repurchase transaction as part of its $1.5 billion buyback program, acquiring 85,000 ordinary shares at an average price of 4,292 pence per share. This transaction impacts the total number of shares in issue, now standing at 433,203,556, which is relevant for shareholders and stakeholders monitoring changes in their interests in the company.
More about Ashtead
Ashtead Group plc operates in the equipment rental industry, providing a wide range of construction and industrial equipment for rent. The company primarily focuses on serving the construction, industrial, and homeowner markets, with a strong presence in the United States and the United Kingdom.
YTD Price Performance: -12.11%
Average Trading Volume: 1,215,710
Technical Sentiment Signal: Buy
Current Market Cap: £18.78B
See more insights into AHT stock on TipRanks’ Stock Analysis page.