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

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

Ashtead Group plc repurchased 59,717 of its ordinary shares on February 6, 2025, as part of its substantial $1.5 billion share repurchase program. The transaction reflects Ashtead’s ongoing commitment to enhancing shareholder value, with the shares being acquired at an average price of 5,059 pence. Post-transaction, the company holds 15,697,076 ordinary shares in Treasury, affecting the total shares available for shareholder calculations under disclosure regulations.

More about Ashtead

Ashtead Group plc operates in the equipment rental industry, providing a range of industrial and construction equipment for various sectors. The company focuses on serving customers across the UK and North America with a diverse portfolio of rental solutions.

YTD Price Performance: 0.74%

Average Trading Volume: 1,086,148

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £21.64B

Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.

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