Ashtead Continues $1.5bn Buyback with Fresh Treasury Share Purchase

The latest update is out from Ashtead ( (GB:AHT) ).

Ashtead Group plc has continued to execute its share repurchase programme of up to $1.5bn, buying back 69,500 ordinary shares on 8 January 2026 for treasury at an average price of 5,361.0694 pence per share, with J.P. Morgan Securities plc acting as broker. Following this latest transaction, the company now has 416,593,797 ordinary shares in issue excluding treasury and holds 34,761,036 shares in treasury, a reduction in the free float that may support earnings per share and signals ongoing capital returns to shareholders within the framework of its previously announced buyback plan.

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 a UK-listed equipment rental company whose core business is the provision of industrial and construction equipment, primarily to the construction and infrastructure sectors in North America and the UK. Through its network of depots and rental fleets, the group serves contractors, industrial clients and other commercial customers that require short- and medium-term access to specialist equipment rather than outright ownership.

Average Trading Volume: 1,068,594

Technical Sentiment Signal: Strong Buy

Current Market Cap: £22.61B

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