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

The latest announcement is out from Ashtead ( (GB:AHT) ).

Ashtead Group plc announced the repurchase of 85,000 ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on March 27, 2025, involved an average share price of 4,336 pence, with the shares being held in Treasury. The repurchase reduces the number of ordinary shares in issue to 433,288,556, excluding Treasury shares, which may impact shareholder calculations under the Disclosure and Transparency Rules.

More about Ashtead

Ashtead Group plc operates in the equipment rental industry, providing a range of construction and industrial equipment. The company primarily focuses on the North American market, where it serves a diverse customer base across various sectors, including construction, industrial, and homeowner markets.

YTD Price Performance: -11.02%

Average Trading Volume: 1,222,267

Technical Sentiment Signal: Buy

Current Market Cap: £19.02B

For an in-depth examination of 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