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Ashtead Group Advances $1.5 Billion Share Buyback Program

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Ashtead Group Advances $1.5 Billion Share Buyback Program

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Ashtead ( (GB:AHT) ) has issued an announcement.

Ashtead Group plc, a company involved in a share repurchase program, announced the purchase of 95,865 of its ordinary shares on June 20, 2025, as part of its $1.5 billion buyback initiative. This transaction, managed by Barclays Bank PLC, saw shares purchased at an average price of 4,430 pence, with the lowest and highest prices being 4,386 pence and 4,478 pence respectively. Following this transaction, the company holds 23,049,062 shares in Treasury, with 428,305,771 ordinary shares remaining in issue, which will be used by shareholders for notification obligations 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: 1,044,329

Technical Sentiment Signal: Sell

Current Market Cap: £19.16B

Learn more about AHT stock on TipRanks’ Stock Analysis page.

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