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Ashtead Group Executes Strategic Share Repurchase
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Ashtead Group Executes Strategic Share Repurchase

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

Ashtead Group plc, a prominent player involved in the management and repurchase of its own shares, has recently executed a significant share repurchase transaction. On January 7, 2025, the company bought back 40,000 ordinary shares as part of a $1.5 billion share repurchase program announced in December 2024. This transaction, facilitated by Barclays Bank PLC, involved an average price of 5,017 pence per share. Following the repurchase, the total number of ordinary shares in issue stands at 436,579,583, excluding treasury shares, which now total 14,775,250. This move is in line with regulatory compliance and affects shareholder notification obligations under the Disclosure and Transparency Rules.

More about Ashtead

YTD Price Performance: 1.51%

Average Trading Volume: 904,323

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £21.98B

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

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