Ashtead Buys Back 70,000 Shares Under $1.5bn Repurchase Programme

An announcement from Ashtead ( (GB:AHT) ) is now available.

Ashtead Group plc has repurchased 70,000 of its 10 pence ordinary shares on 7 January 2026, as part of its previously announced share buyback programme of up to $1.5bn, paying an average price of 5,421.7581 pence per share through broker J.P. Morgan Securities plc. Following this transaction, the company now holds 34,691,536 shares in treasury and has 416,663,297 ordinary shares in issue excluding treasury, a figure to be used by investors for regulatory disclosure calculations, underscoring Ashtead’s ongoing capital-return strategy and active management of its share capital base.

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 for its Sunbelt Rentals brand, supplying construction, industrial and specialty equipment primarily to customers in North America and the UK. The group operates in the broader industrial services and construction support sector, benefiting from infrastructure spending and non-residential construction activity in its core markets.

Average Trading Volume: 1,068,594

Technical Sentiment Signal: Strong Buy

Current Market Cap: £22.61B

Learn more about AHT stock on TipRanks’ Stock Analysis page.