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Ashtead ( (GB:AHT) ) has issued an update.
Ashtead Group has continued to execute its previously announced share repurchase programme of up to $1.5bn, buying 72,300 of its own 10 pence ordinary shares on 15 January 2026 at an average price of 5,327.7272 pence per share, with J.P. Morgan Securities acting as broker. Following this latest transaction, Ashtead now holds 35,112,336 shares in Treasury and has 416,242,497 ordinary shares in issue excluding Treasury, a reduced free float figure that will serve as the reference denominator for regulatory disclosure of major shareholdings, underscoring the group’s ongoing commitment to returning capital and potentially enhancing earnings per share for remaining investors.
The most recent analyst rating on (GB:AHT) stock is a Buy with a £6200.00 price target. To see the full list of analyst forecasts on Ashtead stock, see the GB:AHT Stock Forecast page.
Spark’s Take on GB:AHT Stock
According to Spark, TipRanks’ AI Analyst, GB:AHT is a Outperform.
Ashtead’s strong financial performance and positive earnings call are the most significant factors contributing to the score. The technical analysis indicates a strong upward trend, although overbought conditions suggest caution. Valuation metrics show moderate pricing, with a relatively low dividend yield.
To see Spark’s full report on GB:AHT stock, click here.
More about Ashtead
Ashtead Group plc is an international equipment rental company, best known in North America for its Sunbelt Rentals brand, supplying construction, industrial and specialty equipment to contractors, industrial clients and the broader non-residential end markets. Listed in London, it operates in a cyclical sector closely tied to construction activity and infrastructure spending, where capital allocation policies, including dividends and share buybacks, are a key part of its appeal to investors.
Average Trading Volume: 1,110,151
Technical Sentiment Signal: Strong Buy
Current Market Cap: £21.92B
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.