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

Ashtead ( (GB:AHT) ) has shared an update.

Ashtead Group plc has announced the repurchase of 60,000 ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on February 26, 2025, reflects the company’s ongoing efforts to manage its capital structure and enhance shareholder value. The repurchase reduces the number of shares in circulation, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

More about Ashtead

Ashtead Group plc operates in the equipment rental industry, providing a wide range of construction and industrial equipment to various sectors. The company focuses on serving markets in North America and the United Kingdom, offering solutions that support infrastructure, construction, and maintenance projects.

YTD Price Performance: -5.00%

Average Trading Volume: 1,114,763

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £20.37B

For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.