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Ashtead ( (GB:AHT) ) has shared an update.
Ashtead Group plc, a company operating a share repurchase program, recently repurchased 40,000 of its own ordinary shares at an average price of 5,291 pence per share on December 12, 2024, as part of a $1.5 billion buyback initiative. This transaction reflects Ashtead’s strategic financial management, aimed at optimizing its capital structure, and may influence shareholder decisions as it affects the number of shares in circulation, which now stands at 437,218,807 excluding treasury shares.
More about Ashtead
YTD Price Performance: -1.41%
Average Trading Volume: 795,628
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £23.13B
See more data about AHT stock on TipRanks’ Stock Analysis page.
