Ashtead Executes Significant Share Repurchase

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

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.

More about Ashtead

YTD Price Performance: -0.20%

Average Trading Volume: 859,836

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £21.61B

Learn more about AHT stock on TipRanks’ Stock Analysis page.

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