Ashtead Executes Share Buyback as Part of $1.5 Billion Program

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

Ashtead Group plc has announced a share repurchase transaction under its $1.5 billion share repurchase program. On January 16, 2025, the company repurchased 39,889 ordinary shares to be held in Treasury at an average price of 5,150 pence per share, carried out by Barclays Bank PLC. This transaction reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.

More about Ashtead

Ashtead Group plc is a company involved in the equipment rental industry, providing a range of services for construction, industrial, and general tools, primarily serving markets in the UK and North America.

YTD Price Performance: 4.55%

Average Trading Volume: 998,927

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £21.89B

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