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LONDON - Ashtead Group PLC (LSE:AHT) announced Tuesday that shareholders approved all resolutions at its Annual General Meeting (AGM), including a final dividend of 72.0 US cents per ordinary share.
The equipment rental company reported that the dividend will be payable on September 10 to shareholders registered as of August 7. All 18 resolutions presented at the meeting received majority approval, with most gaining over 90% support.
Among the key items approved were the company’s accounts for the year ended April 30, 2025, the directors’ remuneration report, and the reappointment of PwC as the company’s auditor.
The meeting also confirmed the re-election of several board members, including CEO Brendan Horgan, who received 99.66% approval, and Chairman Paul Walker, who was re-elected with 83.5% support. Shareholders also approved the election of new directors Nando Cesarone and James Singleton.
Special resolutions passed included authorizations for directors to allot shares, make market purchases of company shares, and call general meetings with 14 days’ notice instead of the standard 21 days.
The AGM was held Tuesday at 10:00 am with 75.49% of the company’s issued share capital represented in the voting. According to the company’s statement, the Ashtead Board noted that all resolutions passed with the required majority and welcomed "the overwhelming support of the Company’s shareholders for the majority of the resolutions proposed."
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