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Ashtead ( (GB:AHT) ) has provided an announcement.
Ashtead Group plc announced the repurchase of 60,000 of its ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on February 24, 2025, reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value. The shares were bought at an average price of 4,842 pence, with the remaining number of ordinary shares in issue now standing at 435,077,886. This move is significant for stakeholders as it may influence the company’s share price and investor interest.
More about Ashtead
Ashtead Group plc operates in the equipment rental industry, providing a wide range of construction and industrial equipment. The company primarily serves the construction, industrial, and homeowner markets, focusing on North America and the UK.
YTD Price Performance: -0.88%
Average Trading Volume: 1,108,429
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £21.26B
See more data about AHT stock on TipRanks’ Stock Analysis page.
