Ashtead Group Executes Share Buyback as Part of $1.5 Billion Program

The latest update is out from Ashtead ( (GB:AHT) ).

Ashtead Group plc has executed a buyback of 60,000 ordinary shares as part of its $1.5 billion share repurchase program announced in December 2024. The transaction, completed on January 10, 2025, saw the shares purchased at an average price of 4,931 pence each, with Barclays Bank PLC serving as the broker. Following this transaction, the company has 436,419,583 ordinary shares remaining in issue, excluding Treasury shares. This move is part of Ashtead’s strategy to manage its capital structure, potentially impacting shareholder returns and signaling confidence in its financial health.

More about Ashtead

YTD Price Performance: 0.35%

Average Trading Volume: 951,757

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £21.6B

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