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Ashtead Group Advances $1.5bn Share Buyback with Latest Repurchase
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Ashtead Group Advances $1.5bn Share Buyback with Latest Repurchase

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

Ashtead Group plc has executed a transaction on December 27, 2024, repurchasing 60,000 of its ordinary shares as part of a $1.5 billion share buyback program. The average price paid per share was 4,928 pence, with the total shares in issue now standing at 436,859,084, excluding those held in Treasury. This transaction is part of Ashtead’s strategy to return value to shareholders and manage its share capital effectively.

More about Ashtead

Ashtead Group plc operates within the equipment rental industry, providing a range of construction and industrial equipment for rent. The company is focused primarily on the North American and UK markets, offering solutions that cater to the needs of construction, industrial, and homeowner customers.

YTD Price Performance: -7.96%

Average Trading Volume: 860,474

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £21.59B

For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.

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