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Ashtead ( (GB:AHT) ) has shared an announcement.
Ashtead Group plc, a company engaged in the equipment rental industry, announced a share repurchase transaction as part of its $1.5 billion buyback program. On January 22, 2025, the company repurchased 40,000 ordinary shares at an average price of 5,497 pence per share, with the lowest and highest prices being 5,440 pence and 5,556 pence, respectively. This transaction reduces the number of ordinary shares in issue to 436,116,991, excluding treasury shares, and increases the number of treasury shares to 15,237,842. This adjustment is relevant for shareholders and others with notification obligations under the Disclosure and Transparency Rules.
More about Ashtead
YTD Price Performance: 10.74%
Average Trading Volume: 1,028,487
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £23.81B
See more insights into AHT stock on TipRanks’ Stock Analysis page.