Ashtead Group plc has announced the purchase of 5,000 of its ordinary shares of 10 pence each for Treasury on 9th January 2024. The transaction was made pursuant to the company's up to $500m share repurchase program, which was initially detailed on 2nd May 2023. The average price paid per share was 5,036 pence, with the lowest price at 4,989 pence and the highest at 5,084 pence. Barclays Capital Securities Limited acted as the broker for the transaction.

Following the share purchase, the remaining number of ordinary shares in issue will be 437,637,950 (excluding Treasury shares), and the company will hold 13,716,883 ordinary shares in Treasury. Shareholders and others with notification obligations may use the figure of 437,637,950 as the denominator for the calculations to determine if they are required to notify their interest in the company under the Disclosure and Transparency Rules.

Detailed information about the individual purchases is attached to the announcement in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation). For further information, individuals can refer to the Ashtead Transaction Summary 9 January '24.pdf or contact Will Shaw, Director of Investor Relations at Ashtead Group plc.