Ashtead to Relocate Primary Listing to the US, Impacting London Stock Exchange
Ashtead, a leading equipment hire firm, has announced plans to shift its primary stock market listing from London to the United States, citing the US as a more suitable venue due to its dominance in the company’s profit generation and workforce presence. The firm’s decision adds to a growing trend of major corporations departing from the London Stock Exchange, prompting discussions with shareholders ahead of a voting process.