Ashtead Group (LSE:AHT) Buyback Yield % : 0.44 (As of May. 14, 2024)

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What is Ashtead Group Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Ashtead Group's current buyback yield was 0.44%.

Ashtead Group Buyback Yield % Historical Data

The historical data trend for Ashtead Group's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ashtead Group Buyback Yield % Chart

Ashtead Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Buyback Yield %

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4.74

4.79

0.05

1.91

1.11

Ashtead Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Buyback Yield %	Get a 7-Day Free Trial															0.50	0.34	0.63	0.81	0.25

Competitive Comparison of Ashtead Group's Buyback Yield %

For the Rental & Leasing Services subindustry, Ashtead Group's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ashtead Group's Buyback Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashtead Group's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Ashtead Group's Buyback Yield % falls into.

Ashtead Group Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Ashtead Group's Buyback Yield for the fiscal year that ended in Apr. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-222.351	+	0)	/	20024.05461
	=	1.11%

Ashtead Group's annualized Buyback Yield for the quarter that ended in Jan. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-14.009	+	0)	*	4	/	22714.68906
	=	0.25%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Jan. 2024) data.

Ashtead Group Buyback Yield % Related Terms

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Ashtead Group (LSE:AHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashtead Group PLC (LSE:AHT) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

ASHTY:USA ASHTF:USA AHTl:UK 0LC:Germany

Address

100 Cheapside, London, GBR, EC2V 6DT

Website

https://www.ashtead-group.com

Ashtead is an equipment rental business with operations in the U.S., Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the U.S. where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.