Ashtead Group Executes Share Buyback as Part of $1.5 Billion Program
Ashtead Group PLC has initiated a share buyback, repurchasing 89,500 ordinary shares as part of its $1.5 billion program. The transaction, executed on November 5, 2025, was conducted through J.P. Morgan Securities at an average price of 4,929.2057 pence per share. Following this, the total shares in issue are 420,112,262. Analysts rate the stock as a Buy with a £66.00 target, reflecting strong financial performance despite some operational challenges. Ashtead operates in the industrial equipment rental sector, primarily in North America and the UK.
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