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Ashtead ( (GB:AHT) ) just unveiled an update.
Ashtead Group plc, a company involved in a share repurchase program, has announced the purchase of 85,000 of its ordinary shares as part of its up to $1.5 billion buyback initiative. This transaction, executed on June 13, 2025, at an average price of 4,245 pence per share, is part of the company’s strategy to manage its capital structure and return value to shareholders. Following this purchase, Ashtead holds 22,609,459 shares in Treasury, with 428,745,374 shares remaining in issue, which is significant for shareholders and stakeholders monitoring their interests under the Disclosure and Transparency Rules.
The most recent analyst rating on (GB:AHT) stock is a Buy with a £66.00 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 Group shows solid financial health with strong profitability and cash flow management. The company’s strategic investments and share buyback program further bolster its market position. Despite some challenges in revenue growth and specific market segments, the overall outlook is positive.
To see Spark’s full report on GB:AHT stock, click here.
More about Ashtead
Average Trading Volume: 1,119,758
Technical Sentiment Signal: Sell
Current Market Cap: £17.66B
See more insights into AHT stock on TipRanks’ Stock Analysis page.