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Ashtead Continues $1.5bn Buyback with Further Treasury Share Purchase

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Ashtead Continues $1.5bn Buyback with Further Treasury Share Purchase

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Ashtead ( (GB:AHT) ) has shared an update.

Ashtead Group has continued executing its previously announced share repurchase programme of up to $1.5bn, buying back 74,800 ordinary shares for treasury on 20 January 2026 at an average price of 4,992.6443 pence per share via J.P. Morgan Securities. Following this latest transaction, the company has 416,022,162 ordinary shares in issue excluding treasury and holds 35,332,671 shares in treasury, reducing the free float and providing an updated share capital figure that investors and other stakeholders can use for regulatory disclosure and ownership calculations.

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 international equipment rental company, best known for its Sunbelt Rentals brand, supplying construction, industrial and specialty equipment to contractors, industrial customers and the events sector, primarily in North America and the UK.

Average Trading Volume: 1,144,215

Technical Sentiment Signal: Buy

Current Market Cap: £21.25B

For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.

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