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Ashtead ( (GB:AHT) ) has provided an announcement.
Ashtead Group plc has continued to execute its previously announced share repurchase programme of up to $1.5bn, buying back 68,400 ordinary shares on 12 January 2026 at an average price of 5,436.4359 pence per share, with J.P. Morgan Securities plc acting as broker. Following this latest transaction, the company has 416,455,797 ordinary shares in issue excluding treasury holdings and 34,899,036 shares held in treasury, a reduction in free float that can support earnings per share metrics and will be used by investors and other stakeholders as the reference figure for regulatory disclosure thresholds.
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 industrial equipment rental company whose core business is providing construction and industrial equipment on hire to customers in markets such as infrastructure, non-residential construction and specialty industrial services, primarily in North America and the UK.
Average Trading Volume: 1,101,988
Technical Sentiment Signal: Strong Buy
Current Market Cap: £23.28B
See more data about AHT stock on TipRanks’ Stock Analysis page.