Ashtead ( ($GB:AHT) ) has shared an update.
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.
More about Ashtead
YTD Price Performance: -8.07%
Average Trading Volume: 852,636
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £21.56B
See more data about AHT stock on TipRanks’ Stock Analysis page.
