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Ashtead ( (GB:AHT) ) has issued an update.
Ashtead Group plc has repurchased 40,000 of its ordinary shares at an average price of 5,050 pence as part of its $1.5 billion share repurchase program. This transaction, facilitated by Barclays Bank PLC, reduces the number of shares in issue to 435,377,757, excluding Treasury shares, and positions the company to manage its capital structure while potentially enhancing shareholder value.
More about Ashtead
YTD Price Performance: 2.03%
Average Trading Volume: 1,117,608
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £21.9B
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.
