tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ashtead Continues $1.5bn Buyback with New Treasury Share Purchase

Story Highlights
Ashtead Continues $1.5bn Buyback with New Treasury Share Purchase

Claim 70% Off TipRanks Premium

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

Ashtead Group has continued execution of its previously announced share repurchase programme, buying back 43,403 ordinary shares of 10 pence each on 6 January 2026 for holding in Treasury, at an average price of 5,370.4934 pence per share, with J.P. Morgan Securities acting as broker. Following this latest buyback, Ashtead now has 416,733,297 ordinary shares in issue excluding Treasury stock and holds 34,621,536 shares in Treasury, information the company flagged as relevant for investors and other parties calculating disclosure thresholds under UK transparency rules.

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

Average Trading Volume: 1,058,543

Technical Sentiment Signal: Strong Buy

Current Market Cap: £22.18B

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