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Ashtead ( (GB:AHT) ) has provided an announcement.
Ashtead Group plc, a company engaged in equipment rental services, has announced the repurchase of 81,900 of its ordinary shares as part of a $1.5 billion share buyback program. This transaction, executed on September 4, 2025, reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value. The repurchase was conducted through J.P. Morgan Securities plc, with an average price of 5,378.8436 pence per share. Following this transaction, Ashtead holds 27,496,385 shares in treasury, with 423,858,448 shares remaining in issue, excluding treasury shares.
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’s overall stock score is driven by its strong financial performance and positive earnings call outlook. The technical indicators support a bullish trend, although valuation metrics suggest the stock is fairly priced. Operational challenges and increased costs are areas to monitor.
To see Spark’s full report on GB:AHT stock, click here.
More about Ashtead
Average Trading Volume: 817,331
Technical Sentiment Signal: Strong Buy
Current Market Cap: £22.77B
Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.