Ashtead Group Advances $1.5 Billion Share Repurchase Program

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

Ashtead Group plc, a company involved in a share repurchase program, announced the repurchase of 87,000 of its ordinary shares on June 4, 2025. This transaction is part of their ongoing $1.5 billion share repurchase initiative. The shares were bought at an average price of 4,274 pence each, with Barclays Bank PLC acting as the broker. Following this purchase, the total number of ordinary shares in issue, excluding treasury shares, stands at 429,346,320. This transaction is significant for stakeholders as it impacts the shareholding structure and could influence market perceptions of the company’s financial strategies.

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: 1,207,211

Technical Sentiment Signal: Sell

Current Market Cap: £16.96B

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