tiprankstipranks
Ashtead Group Executes Share Repurchase in Ongoing Buyback Program
Company Announcements

Ashtead Group Executes Share Repurchase in Ongoing Buyback Program

Story Highlights

Pick the best stocks and maximize your portfolio:

Ashtead ( (GB:AHT) ) just unveiled an update.

Ashtead Group plc announced the repurchase of 40,000 ordinary shares as part of its $1.5 billion share repurchase program. This transaction, conducted on December 19, 2024, involved shares priced between 4,968 pence and 5,080 pence and was facilitated by Barclays Bank PLC. The transaction reduces the number of ordinary shares in issue to 437,019,084, impacting shareholder calculations under the Disclosure and Transparency Rules.

More about Ashtead

Ashtead Group plc operates in the equipment rental industry, providing a range of rental solutions to various sectors. The company focuses on offering rental services and equipment primarily in the US, UK, and Canadian markets.

YTD Price Performance: -3.90%

Average Trading Volume: 841,699

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £22.55B

For an in-depth examination of AHT stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskAshtead Group Advances $1.5 Billion Share Buyback
TipRanks UK Auto-Generated NewsdeskAshtead Executes Share Repurchase as Part of $1.5 Billion Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App