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Ashtead ( (GB:AHT) ) has provided an update.
Ashtead Group plc, a company involved in a significant share repurchase program, has repurchased 40,000 of its ordinary shares on 8th January 2025 as part of its up to $1.5 billion buyback initiative announced in December 2024. The repurchase was conducted with Barclays Bank PLC as the broker, and the average price paid per share was 4,971 pence. Following this transaction, the company has 436,539,583 ordinary shares in circulation, with 14,815,250 shares held in Treasury. This share repurchase is part of Ashtead’s efforts to optimize its capital structure and manage shareholder value.
More about Ashtead
YTD Price Performance: 1.35%
Average Trading Volume: 931,220
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £21.98B
Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.
