Ashtead ( (GB:AHT) ) just unveiled an announcement.
Ashtead Group plc has repurchased 85,000 of its ordinary shares as part of its $1.5 billion share buyback program. This transaction, executed on March 11, 2025, at an average price of 4,343 pence per share, is part of the company’s strategy to manage its capital structure and return value to shareholders. The repurchase reduces the number of shares in circulation, potentially increasing the value of remaining shares and impacting shareholder calculations under the Disclosure and Transparency Rules.
More about Ashtead
Ashtead Group plc operates in the equipment rental industry, providing a range of construction and industrial equipment for rent. The company primarily serves the construction, industrial, and homeowner markets, focusing on North America and the United Kingdom.
YTD Price Performance: -11.76%
Average Trading Volume: 1,179,756
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £18.9B
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.
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