An announcement from Ashtead ( (GB:AHT) ) is now available.
Ashtead Group plc has repurchased 83,100 of its ordinary shares as part of its $1.5 billion share repurchase programme, with the average price per share being 4,431 pence. This transaction reduces the number of ordinary shares in issue to 433,456,656, excluding Treasury shares, and reflects the company’s ongoing efforts to manage its capital structure and enhance shareholder value.
More about Ashtead
Ashtead Group plc operates in the equipment rental industry, providing a range of construction and industrial equipment for rent. The company primarily serves the construction, industrial, and homeowner markets, focusing on North America and the United Kingdom.
YTD Price Performance: -10.29%
Average Trading Volume: 1,227,647
Technical Sentiment Signal: Buy
Current Market Cap: £19.18B
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.