Ashtead Continues $1.5bn Buyback with New Treasury Share Purchase

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

Ashtead Group has continued to execute its share buyback strategy, repurchasing 69,600 of its 10 pence ordinary shares on 9 January 2026 under its previously announced up to $1.5bn share repurchase programme. The shares, bought at an average price of 5,556.0171 pence and retained in Treasury, reduce the number of ordinary shares in issue to 416,524,197, with 34,830,636 now held in Treasury, a move that marginally increases the ownership percentage of remaining shareholders and signals ongoing capital return and balance-sheet management to the market.

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 an international equipment rental company, best known for operating under the Sunbelt Rentals brand in markets such as the UK and North America. It provides a wide range of construction, industrial and specialty equipment to contractors, industrial groups and other commercial customers, making it a key player in the equipment hire and infrastructure support services sector.

Average Trading Volume: 1,082,286

Technical Sentiment Signal: Strong Buy

Current Market Cap: £23.28B

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