Ashtead share price slips after buyback update as NYSE switch nears
Ashtead shares fell 0.45% to 4,666 pence in early London trading Monday, extending recent losses. The company confirmed a further tranche of buybacks under its $1.5 billion programme and set a Feb. 6 dividend of 37.5 U.S. cents per share. A U.S. primary listing is scheduled for late February, with Ashtead shares to be swapped for Sunbelt stock and dropped from FTSE indices on March 2.