The latest update is out from Ashtead ( (GB:AHT) ).
Ashtead Group plc announced the repurchase of 89,100 ordinary shares as part of its $1.5 billion share repurchase program, with the transaction executed on April 1, 2025. This move is part of Ashtead’s strategy to manage its capital structure and enhance shareholder value, with the remaining number of ordinary shares in issue now standing at 433,027,456. The repurchase reflects the company’s ongoing commitment to returning value to shareholders and maintaining a strong market position.
More about Ashtead
Ashtead Group plc operates within the equipment rental industry, providing a range of rental solutions primarily for construction, industrial, and general tool markets. The company is focused on expanding its market presence through strategic investments and share repurchase programs.
YTD Price Performance: -16.00%
Average Trading Volume: 1,257,809
Technical Sentiment Signal: Buy
Current Market Cap: £18.37B
Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.