Top Page
Ashtead
(LSE:AHT)
Ashtead (AHT) vs. S&P 500 (SPY)
Ashtead Business Overview & Revenue Model
Ashtead Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 10.89B | 10.86B | 9.67B | 7.96B | 5.04B | 5.04B | Gross Profit |
| 9.62B | 9.65B | 8.56B | 7.02B | 4.47B | 4.50B | EBIT |
| 2.60B | 2.65B | 2.52B | 1.95B | 1.14B | 1.22B | EBITDA |
| 5.00B | 4.89B | 4.41B | 2.62B | 2.29B | 2.59B | Net Income Common Stockholders |
| 1.52B | 1.60B | 1.62B | 1.25B | 661.36M | 737.87M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 25.80M | 20.80M | 29.90M | 15.30M | 19.25M | 240.80M | Total Assets |
| 21.93B | 21.65B | 18.73B | 15.29B | 9.30B | 10.51B | Total Debt |
| 10.63B | 10.68B | 8.99B | 7.18B | 4.22B | 5.59B | Net Debt |
| 10.61B | 10.65B | 8.96B | 7.16B | 4.20B | 5.35B | Total Liabilities |
| 14.27B | 14.57B | 12.72B | 10.26B | 6.02B | 7.54B | Stockholders Equity |
| 7.66B | 7.11B | 6.01B | 5.03B | 3.28B | 2.96B |
| Cash Flow | Free Cash Flow | ||||
| 1.49B | 169.00M | 490.10M | 1.10B | 1.37B | 778.17M | Operating Cash Flow |
| 2.04B | 854.60M | 1.00B | 1.50B | 1.48B | 985.85M | Investing Cash Flow |
| -588.50M | -1.53B | -1.59B | -1.69B | -234.12M | -647.69M | Financing Cash Flow |
| -1.44B | 663.20M | 609.30M | 181.50M | -1.46B | -110.82M |
Ashtead Technical Analysis
Ashtead Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £864.37M | 52.98 | 3.58% | 5.68% | -5.21% | -72.13% | |
71 Outperform | £1.69B | 26.01 | 4.83% | 3.29% | 49.59% | 24.74% | |
70 Outperform | £18.90B | 16.54 | 20.60% | 2.14% | -0.25% | -8.04% | |
64 Neutral | £2.96B | 17.58 | 12.54% | 3.52% | -1.15% | -28.00% | |
62 Neutral | $8.27B | 12.81 | 0.55% | 3.01% | 3.90% | -15.60% | |
56 Neutral | £88.77M | ― | -1.79% | 13.55% | -4.08% | 29.90% |
Ashtead Earnings Call Summary
Ashtead Corporate Events
Ashtead Group plc has executed a share repurchase transaction as part of its $1.5 billion buyback program, acquiring 81,300 of its ordinary shares at an average price of 4,392 pence per share. This transaction reduces the number of shares in circulation, potentially enhancing shareholder value and reflecting the company’s confidence in its financial position and future prospects.
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.
Ashtead Group PLC reported its unaudited results for the nine months ending January 31, 2025, highlighting a 5% increase in group rental revenue and a 3% rise in adjusted EBITDA. Despite a decline in operating profit and adjusted profit before taxation due to lower used equipment sales and higher depreciation and interest costs, the company remains optimistic about future growth. The strategic investments under the Sunbelt 4.0 plan, including $2.1 billion in capital and expansion into 54 new locations in North America, position Ashtead to capitalize on structural growth opportunities and enhance shareholder returns.
Ashtead Group plc, a company involved in a share repurchase program, has repurchased 60,000 of its ordinary shares at an average price of 4,842 pence per share. This transaction is part of a larger $1.5 billion share repurchase initiative announced in December 2024. The repurchase reduces the number of shares in circulation, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.
Ashtead Group plc has repurchased 60,000 of its ordinary shares as part of its $1.5 billion share repurchase program, with the transaction executed on February 28, 2025. This move is likely to impact the company’s share structure, with 434,837,886 ordinary shares remaining in issue, excluding treasury shares, and may influence shareholder notifications under the Disclosure and Transparency Rules.
Ashtead Group plc has announced the repurchase of 60,000 ordinary shares as part of its $1.5 billion share repurchase program. This transaction, conducted on 27th February 2025, reflects the company’s ongoing efforts to manage its capital structure and enhance shareholder value. The repurchase was executed at an average price of 4,818 pence per share, with Barclays Bank PLC acting as the broker. Following this transaction, Ashtead holds 16,456,947 shares in Treasury, while the total number of ordinary shares in issue stands at 435,897,886. This move is expected to impact the company’s financial metrics and potentially influence shareholder decisions under the Disclosure and Transparency Rules.
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.
Ashtead Group plc announced the repurchase of 60,000 of its ordinary shares as part of a $1.5 billion share repurchase program. This transaction, executed on February 25, 2025, reflects the company’s ongoing efforts to manage its capital structure and return value to shareholders. The repurchase may impact the company’s share count and influence shareholder calculations under the Disclosure and Transparency Rules.
Ashtead Group plc has announced that it will release its third quarter results for the period ending 31st January 2025 on 4th March 2025. The company will host a live webcast of the analyst and investor presentation on the same day, providing stakeholders with insights into its financial performance and strategic direction.
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 February 24, 2025, reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value. The shares were bought at an average price of 4,842 pence, with the remaining number of ordinary shares in issue now standing at 435,077,886. This move is significant for stakeholders as it may influence the company’s share price and investor interest.
Ashtead Group plc has executed a share repurchase transaction as part of its $1.5 billion share buyback program, purchasing 60,000 ordinary shares at an average price of 4,973 pence per share. This transaction, conducted through Barclays Bank PLC, leaves the company with 435,197,886 ordinary shares in issue, excluding treasury shares, and 16,156,947 ordinary shares held in treasury. The share repurchase reflects Ashtead’s ongoing strategy to enhance shareholder value and manage its capital structure effectively.
Ashtead Group plc, a prominent entity in the equipment rental industry, has announced a significant transaction involving the repurchase of its own shares. On February 19, 2025, the company repurchased 40,000 of its ordinary shares at an average price of 4,984 pence per share as part of its $1.5 billion share repurchase program. This transaction is expected to impact the company’s share capital structure by increasing the number of shares held in Treasury to 16,096,947, while the total remaining ordinary shares in issue will be 435,257,886. This move is likely to have implications for shareholders regarding their interest notifications under the Disclosure and Transparency Rules.
Ashtead Group plc, a company involved in equipment rental operations, announced a transaction involving the repurchase of its own shares. On 18th February 2025, Ashtead acquired 40,000 of its ordinary shares at an average price of 5,148 pence per share as part of its up to $1.5 billion share repurchase programme. The transaction impacts the company’s share capital, with the total number of shares outstanding now at 435,297,886, excluding those held in Treasury. This move could influence shareholder calculations regarding their interest in the company as per the Disclosure and Transparency Rules.
Ashtead Group plc has executed a substantial share repurchase as part of its ongoing $1.5 billion buyback program, reflecting a commitment to returning value to shareholders. The recent transaction involves the purchase of 39,871 ordinary shares at an average price of 5,093 pence, indicating strategic financial maneuvering to optimize its capital structure. This move leaves Ashtead with 16,016,947 shares in Treasury, while the remaining ordinary shares in issue now stand at 435,337,886, a figure relevant for shareholder notifications under the Disclosure and Transparency Rules.
Ashtead Group plc has repurchased 40,000 of its ordinary shares at an average price of 5,050 pence as part of its $1.5 billion share repurchase program. This transaction, facilitated by Barclays Bank PLC, reduces the number of shares in issue to 435,377,757, excluding Treasury shares, and positions the company to manage its capital structure while potentially enhancing shareholder value.
Ashtead Group plc has executed a transaction involving the repurchase of 60,000 of its ordinary shares as part of a $1.5 billion share repurchase program. This action, completed on February 13, 2025, involved shares priced between 4,996 and 5,114 pence, with an average price of 5,054 pence per share. This strategic move aims to consolidate the company’s equity structure, with implications for shareholder calculations under regulatory requirements.
Ashtead Group plc has executed a share repurchase of 40,000 ordinary shares as part of its $1.5 billion buyback program. This transaction, aimed at optimizing capital structure, brings the remaining shares in issue to 435,477,757 and could influence shareholder interests under the Disclosure and Transparency Rules.
Ashtead Group plc has executed a share repurchase transaction, buying back 40,000 of its ordinary shares under its $1.5 billion share repurchase program. This move, involving an average purchase price of 5,090 pence per share, reduces the total number of shares in circulation, potentially increasing shareholder value and impacting market perception positively. The transaction was conducted with Barclays Bank PLC as the broker, and it adjusts the total shares available for shareholder calculations to 435,517,757, excluding those held in Treasury.
Ashtead Group plc has announced a CFO succession plan as Michael Pratt will retire from his role as CFO and director on 28 February 2025, with Alex Pease stepping into the CFO position from 1 March 2025. The transition is part of Ashtead’s broader strategy, which includes moving its primary listing to the US, aligning with common US practices.
Ashtead Group plc has announced its intention to move the company’s primary listing to the US while retaining a secondary listing in London. This strategic move, which has received support from a variety of shareholders, involves the creation of a new US-based parent company, Sunbelt Rentals Holdings, Inc. The transition requires a formal approval process through a UK scheme of arrangement, with expected completion in early 2026. This shift aims to optimize Ashtead’s market positioning and align with its stakeholders’ interests.
Ashtead Group plc, a renowned company, has executed a significant transaction involving the repurchase of 60,000 of its ordinary shares as part of its $1.5 billion share repurchase program, with the shares being purchased at an average price of 5,045 pence. This strategic move is expected to influence the company’s share structure by adjusting the number of shares available in the market, potentially affecting shareholder value and the company’s market positioning.
Ashtead Group plc has repurchased 40,000 of its ordinary shares as part of a $1.5 billion share repurchase program. This transaction, executed on February 7, 2025, at an average price of 5,019 pence per share, reflects the company’s ongoing strategy to manage its capital structure and enhance shareholder value. Following this repurchase, Ashtead holds 15,737,076 ordinary shares in Treasury, with 435,617,757 shares remaining in issue. This move may influence shareholders’ calculations concerning their interests in the company, aligning with the Disclosure and Transparency Rules.
Ashtead Group plc repurchased 59,717 of its ordinary shares on February 6, 2025, as part of its substantial $1.5 billion share repurchase program. The transaction reflects Ashtead’s ongoing commitment to enhancing shareholder value, with the shares being acquired at an average price of 5,059 pence. Post-transaction, the company holds 15,697,076 ordinary shares in Treasury, affecting the total shares available for shareholder calculations under disclosure regulations.
Ashtead Group plc, a company involved in share repurchase programs, announced the acquisition of 40,000 of its ordinary shares on February 5, 2025, as part of their $1.5 billion share repurchase initiative. The shares were bought at an average price of 5,006 pence per share, with Barclays Bank PLC acting as the broker. This transaction affects the company’s share structure, leaving 435,717,474 ordinary shares in issue, which shareholders can use as a reference for determining their interests in accordance with disclosure regulations.
Ashtead Group plc announced a share repurchase transaction where it bought 40,000 of its ordinary shares at an average price of 5,080 pence per share. This buyback is part of their up to $1.5 billion share repurchase programme, aimed at reducing the number of shares in circulation and potentially enhancing shareholder value. The transaction leaves the company with 435,757,474 shares in issue, excluding Treasury shares, and 15,597,359 shares held in Treasury. This transaction may impact shareholder calculations regarding their interest in the company.
Ashtead Group plc has executed a share repurchase program, purchasing 40,000 of its ordinary shares on February 3, 2025, as part of an ongoing $1.5 billion buyback initiative. This transaction is expected to impact the company’s share structure, with 435,797,474 ordinary shares remaining in issue, and it reflects Ashtead’s strategy to manage its capital structure effectively, potentially influencing shareholder value.
Ashtead Group plc has announced the repurchase of 39,727 ordinary shares as part of its $1.5 billion share repurchase program, which was initially announced in December 2024. With this transaction, the company aims to optimize its capital structure and enhance shareholder value. Following the purchase, the company will hold 15,517,359 ordinary shares in Treasury, with 435,837,474 ordinary shares remaining in issue. This transaction is part of a broader strategy to manage shareholder interests and aligns with regulatory compliance obligations.
Ashtead Group plc, a company operating a share repurchase program, has announced the repurchase of 39,790 ordinary shares for Treasury at an average price of 5,294 pence per share, as part of its $1.5 billion buyback initiative. This transaction, carried out through Barclays Bank PLC, affects the total number of ordinary shares in the market, which now stands at 435,877,201. This repurchase is part of Ashtead’s ongoing effort to manage its capital structure and return value to shareholders.
Ashtead Group plc has announced the currency exchange rate for its interim dividend, initially declared on December 10, 2024, at 36.0 US cents per share. For shareholders opting to receive their dividends in sterling, the exchange rate is set at 1.2429, resulting in a payment of 28.96 pence per share. The dividend will be distributed on February 7, 2025, to those registered by the close of business on January 10, 2025. This dividend announcement reflects Ashtead’s continued commitment to its shareholders, potentially impacting their investment returns and influencing the company’s financial positioning in the market.
Ashtead Group plc announced a recent transaction as part of its $1.5 billion share repurchase program, buying back 40,000 ordinary shares at an average price of 5,264 pence per share. This transaction is part of the company’s effort to manage its share capital, and it holds 15,437,842 shares in treasury, with 435,916,991 ordinary shares remaining in issue. This strategic move could influence shareholder calculations under the Disclosure and Transparency Rules, impacting market perceptions and investor relations.
Ashtead Group plc, a company involved in a share repurchase program, announced that it has repurchased 40,000 of its ordinary shares at an average price of 5,268 pence per share. This transaction is part of a broader $1.5 billion share repurchase initiative aimed at reducing the number of shares in circulation and potentially enhancing shareholder value. Following this transaction, the company holds 15,397,842 shares in Treasury, which affects the calculation of shareholder notifications under regulatory rules.
Ashtead Group plc has executed a share repurchase transaction, purchasing 40,000 ordinary shares for Treasury as part of its $1.5 billion repurchase program announced in December 2024. This transaction affects the total number of shares in issue, which now stands at 435,996,991, excluding those held in Treasury, and is relevant for shareholders and stakeholders under the Disclosure and Transparency Rules.
Ashtead Group plc has executed a share repurchase as part of its ongoing $1.5 billion buyback program. On January 24, 2025, the company acquired 40,000 of its ordinary shares at an average price of 5,427 pence per share, with the lowest price being 5,386 pence and the highest price 5,502 pence. The transaction leaves Ashtead holding 15,317,842 shares in Treasury and a total of 436,036,991 shares in issue, excluding Treasury shares. This share repurchase reflects Ashtead’s strategic efforts to manage its capital structure, potentially enhancing shareholder value and impacting shareholding notifications under the Disclosure and Transparency Rules.
Ashtead Group plc has executed a share repurchase transaction as part of its $1.5 billion buyback program, purchasing 40,000 ordinary shares for treasury at an average price of 5,467 pence each. This transaction, carried out on January 23, 2025, reflects the company’s strategic move to manage its capital structure and potentially enhance shareholder value. Following this repurchase, the total ordinary shares in issue are 436,076,991, excluding treasury shares, which are now 15,277,842. The repurchase could impact shareholder calculations under the Disclosure and Transparency Rules, influencing how stakeholders report changes in their interests.
Ashtead Group plc, a company engaged in the equipment rental industry, announced a share repurchase transaction as part of its $1.5 billion buyback program. On January 22, 2025, the company repurchased 40,000 ordinary shares at an average price of 5,497 pence per share, with the lowest and highest prices being 5,440 pence and 5,556 pence, respectively. This transaction reduces the number of ordinary shares in issue to 436,116,991, excluding treasury shares, and increases the number of treasury shares to 15,237,842. This adjustment is relevant for shareholders and others with notification obligations under the Disclosure and Transparency Rules.
Ashtead Group plc announced the repurchase of 39,557 of its ordinary shares as part of a $1.5 billion share repurchase programme. This transaction aims to manage the company’s capital structure effectively and enhance shareholder value, reflecting positively on its commitment to financial stability and market confidence.
Ashtead Group plc, a company involved in a share repurchase program, executed a transaction on January 17, 2025, purchasing 5,479 of its ordinary shares for Treasury at an average price of 5,269 pence. This transaction is part of its up to $1.5 billion share buyback initiative announced in December 2024, and post-purchase, the company holds 15,140,618 shares in Treasury, with 436,214,215 shares remaining in issue, providing a basis for shareholder interest notifications under the Disclosure and Transparency Rules.
Ashtead Group plc has announced a share repurchase transaction under its $1.5 billion share repurchase program. On January 16, 2025, the company repurchased 39,889 ordinary shares to be held in Treasury at an average price of 5,150 pence per share, carried out by Barclays Bank PLC. This transaction reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.
Ashtead Group plc announced the purchase of 40,000 of its own ordinary shares as part of its $1.5 billion share repurchase program. This transaction, conducted on January 15, 2025, involved shares priced between 5,052 and 5,178 pence, with Barclays Bank PLC acting as the broker. Following the transaction, the total number of ordinary shares in issue, excluding Treasury shares, is 436,259,583. This repurchase reflects Ashtead’s ongoing strategic focus on managing its capital structure and potentially enhancing shareholder value, maintaining a robust position in the financial market.
Ashtead Group plc has announced a recent transaction involving the repurchase of its own shares as part of its ongoing $1.5 billion share buyback program. On January 14, 2025, the company bought back 60,000 ordinary shares at varying prices between 4,893 pence and 5,104 pence per share, averaging 5,009 pence. This transaction is part of Ashtead’s strategy to manage its share capital effectively, impacting the total number of shares available in the market. Following this purchase, Ashtead holds 15,055,250 shares in Treasury, with 436,299,583 shares remaining in circulation. This move could influence shareholder calculations regarding their interests in the company under the Disclosure and Transparency Rules.
Ashtead Group plc, a company involved in equipment rental services, has executed a share buyback as part of its $1.5bn repurchase program. On January 13, 2025, the company repurchased 60,000 of its ordinary shares at an average price of 4,850 pence per share. This transaction reduces the number of ordinary shares in circulation to 436,359,583, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.
Ashtead Group plc has executed a buyback of 60,000 ordinary shares as part of its $1.5 billion share repurchase program announced in December 2024. The transaction, completed on January 10, 2025, saw the shares purchased at an average price of 4,931 pence each, with Barclays Bank PLC serving as the broker. Following this transaction, the company has 436,419,583 ordinary shares remaining in issue, excluding Treasury shares. This move is part of Ashtead’s strategy to manage its capital structure, potentially impacting shareholder returns and signaling confidence in its financial health.
Ashtead Group plc, a company involved in a significant share repurchase program, has repurchased 40,000 of its ordinary shares on 8th January 2025 as part of its up to $1.5 billion buyback initiative announced in December 2024. The repurchase was conducted with Barclays Bank PLC as the broker, and the average price paid per share was 4,971 pence. Following this transaction, the company has 436,539,583 ordinary shares in circulation, with 14,815,250 shares held in Treasury. This share repurchase is part of Ashtead’s efforts to optimize its capital structure and manage shareholder value.
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.
Ashtead Group plc, a company involved in a significant share buyback initiative, has executed a substantial transaction in its own shares. On January 6, 2025, Ashtead repurchased 60,000 of its ordinary shares at an average price of 5,008 pence each as part of its $1.5bn share repurchase program. This move reduces the number of ordinary shares available in the market to 436,619,583, while holding 14,735,250 shares in Treasury, potentially affecting shareholder calculations under disclosure rules.
Ashtead Group plc, a company engaged in the share repurchase programme, repurchased 59,594 of its ordinary shares on 3rd January 2025 as part of its $1.5 billion buyback initiative announced in December 2024. The shares were bought at an average price of 4,949 pence each, and this transaction reflects Ashtead’s commitment to enhancing shareholder value. Consequently, the total number of ordinary shares in issue, excluding Treasury shares, is now 436,679,583, with 14,675,250 shares held in Treasury.
Ashtead Group plc has executed a share repurchase as part of its ongoing $1.5 billion buyback program, acquiring 59,907 ordinary shares at an average price of 4,962 pence. This transaction, completed on January 2, 2025, was facilitated by Barclays Bank PLC and results in a new total of 436,739,177 ordinary shares in issue after excluding Treasury shares. These activities contribute to Ashtead’s strategic financial management and could potentially influence shareholder interests and notifications under regulatory frameworks.
Ashtead Group plc has repurchased 60,000 of its own ordinary shares as part of its $1.5 billion share repurchase program announced earlier in December 2024. The transaction, facilitated by Barclays Bank PLC, was completed with an average share price of 4,910 pence, leaving the company with 14,555,749 shares held in treasury and 436,799,084 ordinary shares remaining in issue. This action is likely aimed at consolidating shareholder value and optimizing the company’s capital structure, impacting the way stakeholders calculate their interests under regulatory rules.
Ashtead Group plc has executed a transaction on December 27, 2024, repurchasing 60,000 of its ordinary shares as part of a $1.5 billion share buyback program. The average price paid per share was 4,928 pence, with the total shares in issue now standing at 436,859,084, excluding those held in Treasury. This transaction is part of Ashtead’s strategy to return value to shareholders and manage its share capital effectively.
Ashtead Group plc has announced a recent transaction involving the repurchase of its own shares. On December 23, 2024, the company repurchased 40,000 of its ordinary shares at an average price of 4,964 pence per share, as part of its $1.5 billion share repurchase program. This transaction reduces the number of ordinary shares in issue to 436,919,084, excluding treasury shares, and is in line with regulations, contributing to the strategic financial positioning of the company.
Ashtead Group plc, a key player in the equipment rental industry, has executed a share repurchase transaction as part of its $1.5 billion share buyback program. On December 20, 2024, the company repurchased 60,000 of its ordinary shares at an average price of 4,988 pence per share. This transaction, handled by Barclays Bank PLC, reduces the number of shares available in the market, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health. The total number of ordinary shares now in issue, excluding treasury shares, is 436,959,084.
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.
Ashtead Group plc, a company involved in share repurchasing activities, has announced a transaction related to its ongoing share repurchase program. On December 18, 2024, the company repurchased 39,723 of its ordinary shares, at an average price of 5,163 pence per share, as part of its $1.5 billion share buyback initiative. Following this transaction, the total number of ordinary shares in issue, excluding treasury shares, stands at 437,059,084. This transaction is part of Ashtead’s strategy to manage its capital structure and potentially enhance shareholder value.
Ashtead Group plc, a company involved in the repurchase of its own shares, has announced a recent transaction under its $1.5 billion share buyback program. On December 17, 2024, Ashtead repurchased 40,000 ordinary shares at an average price of 5,122 pence per share. This transaction impacts the total number of shares in circulation, which is now 437,098,807 excluding treasury shares. The remaining shares held in treasury amount to 14,256,026. This repurchase may influence shareholders’ calculations regarding their interest in the company under regulatory rules.
Ashtead Group plc has executed a share repurchase transaction, buying back 40,000 ordinary shares at an average price of 5,129 pence per share as part of its $1.5 billion share repurchase program. This move, facilitated by Barclays Bank PLC, reduces the total number of ordinary shares in issue to 437,138,807, which may influence shareholder calculations under Disclosure and Transparency Rules, potentially impacting stakeholders’ interest notifications.
Ashtead Group plc, a prominent player in the equipment rental industry, announced a significant transaction involving the repurchase of its own shares. On December 13, 2024, the company bought back 40,000 ordinary shares as part of its substantial $1.5 billion share repurchase program. The transaction, coordinated with Barclays Bank PLC, saw shares purchased at an average price of 5,212 pence, with the lowest and highest prices at 5,160 and 5,264 pence, respectively. This repurchase reduces the total number of ordinary shares in issue to 437,178,807, excluding treasury shares, and reflects Ashtead’s ongoing strategy to manage its equity structure, potentially influencing shareholder value and market perception.
Ashtead Group plc announced a share transaction involving non-executive director Renata Ribeiro, who purchased 150 ordinary shares at £53.324 each, totaling £7,998.60, on December 12, 2024. This transaction, conducted over the counter, highlights the director’s investment in the company and fulfills regulatory obligations under the Market Abuse Regulation, underscoring transparency and compliance with market rules.
Ashtead Group plc, a company operating a share repurchase program, recently repurchased 40,000 of its own ordinary shares at an average price of 5,291 pence per share on December 12, 2024, as part of a $1.5 billion buyback initiative. This transaction reflects Ashtead’s strategic financial management, aimed at optimizing its capital structure, and may influence shareholder decisions as it affects the number of shares in circulation, which now stands at 437,218,807 excluding treasury shares.
Ashtead Group plc has released its 2024 Sustainability Report, outlining significant advancements in environmental, social, and governance areas. The report, covering the period from May 2023 to April 2024, demonstrates Ashtead’s commitment to sustainability and is aligned with the Task Force on Climate-related Financial Disclosures standards, indicating the company’s proactive approach in addressing climate-related challenges.
Ashtead Group plc has announced a change in its board, with Lucinda Riches, a non-executive director and chair of the Remuneration Committee, being appointed as a non-executive director of Kingfisher plc starting 1 January 2025. This move may impact Ashtead’s board dynamics and reflects the ongoing trend of experienced board members taking roles across major companies, potentially influencing strategic decisions at both Ashtead and Kingfisher.
Ashtead Group plc has announced a purchase of shares by its CEO, Brendan Horgan, involving 4,000 ordinary shares at a price of £53.20 each, totaling £212,800. This transaction, conducted on December 11, 2024, on the London Stock Exchange, reflects a significant investment by the CEO and could potentially influence stakeholder confidence and market perception of the company.
Ashtead Group plc has executed a share buyback transaction, purchasing 40,000 ordinary shares as part of its $1.5 billion share repurchase program. This move is likely aimed at enhancing shareholder value and optimizing capital structure, impacting the company’s stock liquidity and overall market positioning.