Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
An announcement from Ashtead ( (GB:AHT) ) is now available.
Ashtead Group plc has repurchased 40,000 of its ordinary shares as part of a $1.5 billion share repurchase program. This transaction, executed on February 7, 2025, at an average price of 5,019 pence per share, reflects the company’s ongoing strategy to manage its capital structure and enhance shareholder value. Following this repurchase, Ashtead holds 15,737,076 ordinary shares in Treasury, with 435,617,757 shares remaining in issue. This move may influence shareholders’ calculations concerning their interests in the company, aligning with the Disclosure and Transparency Rules.
More about Ashtead
Ashtead Group plc is a prominent company in the equipment rental industry, focusing primarily on the rental of construction and industrial equipment. It operates a significant market presence in the United States and the United Kingdom, catering to a wide range of customers including construction companies, industrial firms, and homeowners.
YTD Price Performance: 3.05%
Average Trading Volume: 1,097,085
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £22.13B
Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.
