Ashtead Group to leave London Stock Exchange for U.S. in another blow to U.K.'s main market
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Ashtead Group, a FTSE 100 equipment rental company, plans to move its primary listing from the London Stock Exchange to the U.S. This move aims to increase its exposure to investors and allow for inclusion in major U.S. equity indices.
December 10, 2024 | 9:45 am
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Ashtead Group is moving its primary listing to the U.S. to gain more investor exposure and be included in major U.S. equity indices.
The move to the U.S. market is likely to increase Ashtead Group's visibility and investor base, potentially leading to a positive impact on its stock price. Inclusion in major U.S. indices can attract more institutional investors.
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