Ashtead Continues $1.5bn Buyback with Treasury Share Purchase

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

Ashtead Group has repurchased 70,900 of its 10 pence ordinary shares on 14 January 2026 for treasury under its previously announced share buyback programme of up to $1.5bn, at an average price of 5,327.7247 pence per share, with J.P. Morgan Securities acting as broker. Following this latest transaction, the company now has 416,314,797 ordinary shares in issue excluding treasury holdings and 35,040,036 shares held in treasury, a change that slightly reduces the free float and provides updated share capital figures for investors tracking their disclosure and transparency obligations.

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 London-listed company whose ordinary shares trade on the main market of the London Stock Exchange. The group operates through a large issued share capital structure and is active in capital management initiatives, including share repurchase programmes, as part of its approach to managing its equity base and shareholder returns.

Average Trading Volume: 1,097,195

Technical Sentiment Signal: Strong Buy

Current Market Cap: £22.6B

For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.