Jump to main content (accesskey s) Jump to site navigation Jump to site index (accesskey 3) Menu Capital allocation policy The Group remains disciplined in its approach to allocation of capital with the overriding objective being to enhance shareholder value. Our capital allocation framework remains unchanged and prioritises: organic fleet growth; same-stores; greenfields; bolt-on acquisitions; and a progressive dividend with consideration to both profitability and cash generation that is sustainable through the cycle. Additionally, we consider further returns to shareholders. In this regard, we assess continuously our medium term plans which take account of investment in the business, growth prospects, cash generation, net debt and leverage. Therefore the amount allocated to buybacks is simply driven by that which is available after organic growth, bolt-on M&A and dividends. View our latest results presentations for further information HomeInvestorsShareholder informationCapital allocation policy COMPANY About us Our businesses ESG Investors Newsroom Careers Contact GLOBAL SITES Sunbelt Rentals Sunbelt Rentals UK CONTACT US Ashtead Group plc 100 Cheapside London EC2V 6DT Phone: + 44 (0) 20 7726 9700 ©2021 Ashtead Group plc. All rights reserved Contact Site map Modern Slavery statement Privacy policy Cookie policy Disclaimer This site uses unobtrusive cookies to store information on your computer. By using our site you accept the terms of our Privacy Policy. Read more in our Cookie policy. Close Close