Ashtead Continues $1.5bn Buyback With Fresh Treasury Share Purchase

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

Ashtead Group has continued to execute its previously announced share repurchase programme of up to $1.5bn, buying back 76,500 ordinary shares for treasury on 5 January 2026 at an average price of 5,221.6214 pence per share, with J.P. Morgan Securities acting as broker. Following this latest transaction, Ashtead now has 416,776,700 ordinary shares in issue excluding treasury stock and holds 34,578,133 shares in treasury, a change that marginally reduces the free float and can enhance earnings per share, while providing investors with updated share capital figures for regulatory disclosures and transparency reporting.

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 an international equipment rental company, best known for operating under the Sunbelt Rentals brand in key markets such as the UK and North America. It supplies a broad range of industrial and construction equipment to contractors, industrial clients and the infrastructure sector, benefiting from cyclical construction demand and long-term infrastructure investment trends.

Average Trading Volume: 1,042,260

Technical Sentiment Signal: Strong Buy

Current Market Cap: £21.24B

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