Ashtead Group PLC Stock Price Experiences Fluctuations
Ashtead Group PLC, a leading international equipment rental company, has seen its stock price impacted by the overall decline of the FTSE 100 index. On Friday, the FTSE 100 index fell by 0.92%.
The decline in the FTSE 100 index has resulted in a decline in Ashtead’s stock price. However, the exact magnitude of the decline is not specified.
Share Repurchase Programme
As part of a $1.5 billion share repurchase programme announced in December 2024, Ashtead Group has been actively repurchasing its own shares. This move is aimed at returning value to shareholders and reducing the company’s outstanding share count.
Stock Price Performance
Ashtead’s stock price has shown significant growth over the past year, with the company’s shares reaching a 52-week high in December 2024. However, the recent decline in the FTSE 100 index has had a negative impact on the company’s stock price.
Key Statistics
- FTSE 100 index fell by 0.92% on Friday
- Ashtead Group has a $1.5 billion share repurchase programme announced in December 2024
- Ashtead’s stock price reached a 52-week high in December 2024