Ashtead paves way for primary listing switch to US in new blow to London
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Ashtead Group PLC plans to switch its primary listing from the UK to the US, citing the US market as a more suitable long-term venue for the company.
December 10, 2024 | 8:15 am
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Ashtead Group PLC is planning to switch its primary listing from the UK to the US, which could lead to increased visibility and potentially higher stock liquidity in the US market.
The move to a US primary listing is likely to increase Ashtead's visibility and liquidity in the US market, which could positively impact its stock price. The decision reflects a strategic shift to align with a market that the company views as more suitable for its long-term growth.
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