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Ashtead Group Advances $1.5 Billion Share Repurchase Plan

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Ashtead Group Advances $1.5 Billion Share Repurchase Plan

Ashtead ( (GB:AHT) ) has provided an update.

Ashtead Group plc, a company involved in a share repurchase program, has repurchased 60,000 of its ordinary shares at an average price of 4,842 pence per share. This transaction is part of a larger $1.5 billion share repurchase initiative announced in December 2024. The repurchase reduces the number of shares in circulation, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

More about Ashtead

YTD Price Performance: -2.65%

Average Trading Volume: 1,155,263

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £20.87B

Learn more about AHT stock on TipRanks’ Stock Analysis page.

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