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The latest update is out from Ashtead ( (GB:AHT) ).
Ashtead Group plc has executed a substantial share repurchase as part of its ongoing $1.5 billion buyback program, reflecting a commitment to returning value to shareholders. The recent transaction involves the purchase of 39,871 ordinary shares at an average price of 5,093 pence, indicating strategic financial maneuvering to optimize its capital structure. This move leaves Ashtead with 16,016,947 shares in Treasury, while the remaining ordinary shares in issue now stand at 435,337,886, a figure relevant for shareholder notifications under the Disclosure and Transparency Rules.
More about Ashtead
YTD Price Performance: 2.56%
Average Trading Volume: 1,114,749
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £22.01B
For an in-depth examination of AHT stock, go to TipRanks’ Stock Analysis page.
