tiprankstipranks

Ashtead Group Executes Share Repurchase as Part of $1.5 Billion Program

Story Highlights
Ashtead Group Executes Share Repurchase as Part of $1.5 Billion Program

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

Ashtead Group plc has repurchased 85,000 of its ordinary shares as part of its $1.5 billion share repurchase program, announced in December 2024. This transaction, executed on March 17, 2025, with Barclays Bank PLC as the broker, reflects the company’s strategic financial management and may impact shareholder calculations under the Disclosure and Transparency Rules.

More about Ashtead

Ashtead Group plc operates in the equipment rental industry, providing a wide range of construction and industrial equipment to various sectors. The company primarily focuses on the North American and UK markets, offering services that cater to construction, industrial, and homeowner needs.

YTD Price Performance: -11.97%

Average Trading Volume: 1,145,974

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £18.84B

For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App