tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ashtead Continues $1.5bn Buyback With December Share Repurchase

Story Highlights
  • Ashtead repurchased 72,332 shares for treasury under its ongoing $1.5bn buyback, at an average price above 5,300 pence.
  • The buyback reduces free float to 417.3 million shares, potentially boosting EPS and updating disclosure thresholds for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ashtead Continues $1.5bn Buyback With December Share Repurchase

Claim 70% Off TipRanks This Holiday Season

Ashtead ( (GB:AHT) ) just unveiled an announcement.

Ashtead Group plc has continued executing its previously announced share repurchase programme of up to $1.5bn, buying back 72,332 ordinary shares on 18 December 2025 for treasury at an average price of 5,333.6095 pence, with J.P. Morgan Securities plc acting as broker. Following this latest transaction, the company now has 417,290,488 ordinary shares in issue excluding treasury and holds 34,064,345 shares in treasury, a reduction in the free float that may marginally enhance earnings per share and signals ongoing capital returns to shareholders while updating investors on the denominator to use for regulatory shareholding disclosure thresholds.

The most recent analyst rating on (GB:AHT) stock is a Buy with a £6006.00 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 a UK-listed equipment rental company whose ordinary shares trade on the London Stock Exchange. The group typically serves construction, industrial and related markets through the provision of rented machinery and tools, positioning itself as a major player in the equipment hire sector in its core geographies.

Average Trading Volume: 1,048,492

Technical Sentiment Signal: Strong Buy

Current Market Cap: £22.08B

See more insights into AHT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1