Ashtead Plans US Listing Amid Profit Concerns and Executive Pay Justifications

Analyzed 3 sources • 4h ago • Saved 10 min • Updated 0m ago

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#Local US News#Ashtead#Dow Jones#US Listing#London Stock Exchange#Moonpig#Ftse 100

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Ashtead Plans US Listing Amid Profit Concerns and Executive Pay Justifications

1692+ Words Refined into 7 Facts by AI • 2 sources • 4h ago

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Ashtead plans to move its primary listing to the US.
The move will be discussed with shareholders before a vote.
Annual profits are expected to be lower due to US market dynamics.
Analyst Dan Coatsworth suggests the move justifies higher executive pay.
Trump's administration may favor Ashtead's US listing.
Investment plans in the UK will remain unaffected.
Ashtead was founded in 1947 and listed on the LSE since 1986.

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Related Update: 4 hours later

FTSE 100 Declines Amid Ashtead Sell-Off

972+ Words Refined into 10 Facts by AI • 1 source • 0m ago

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FTSE 100 index fell 71.72 points, or 0.86%
Ashtead shares dropped over 12% after US listing announcement
Investor concerns contributed to FTSE 100 decline
France’s Cac 40 index closed 1.14% lower
Germany’s Dax closed 0.08% lower
The pound rose 0.05% against the US dollar
Brent crude oil prices rose 0.7% to 72.70 USD per barrel
Moonpig shares fell sharply due to pre-tax loss
FirstGroup shares rose 6.5% after bus market re-entry
Biggest losers included Ashtead and Rolls-Royce

The sources of this update are listed below. Click to view.

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