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

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

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 March 4, 2025, involved shares priced between 4,385 and 4,692 pence, with Barclays Bank PLC acting as the broker. Following this transaction, the company holds 16,636,947 shares in Treasury, with 434,717,886 ordinary shares remaining in issue. This move is part of Ashtead’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Ashtead

Ashtead Group plc operates in the equipment rental industry, providing a range of services and products primarily focused on construction and industrial sectors. The company is known for its extensive rental fleet and strong market presence, particularly in the UK and North America.

YTD Price Performance: -2.65%

Average Trading Volume: 1,155,263

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £20.87B

See more data about AHT stock on TipRanks’ Stock Analysis page.