Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Ashtead ( (GB:AHT) ) just unveiled an announcement.
Ashtead Group plc has executed a share repurchase as part of its ongoing $1.5 billion buyback program. On January 24, 2025, the company acquired 40,000 of its ordinary shares at an average price of 5,427 pence per share, with the lowest price being 5,386 pence and the highest price 5,502 pence. The transaction leaves Ashtead holding 15,317,842 shares in Treasury and a total of 436,036,991 shares in issue, excluding Treasury shares. This share repurchase reflects Ashtead’s strategic efforts to manage its capital structure, potentially enhancing shareholder value and impacting shareholding notifications under the Disclosure and Transparency Rules.
More about Ashtead
YTD Price Performance: 10.46%
Average Trading Volume: 1,037,927
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £23.75B
For an in-depth examination of AHT stock, go to TipRanks’ Stock Analysis page.
