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Ashtead ( (GB:AHT) ) has provided an announcement.
Ashtead Group plc, a company involved in a share repurchase program, announced the repurchase of 92,874 of its ordinary shares on July 1, 2025, as part of its $1.5 billion share buyback initiative. The shares were purchased at an average price of 4,604 pence each, with the transaction being facilitated by Barclays Bank PLC. Following this transaction, the total number of ordinary shares in issue, excluding Treasury shares, stands at 427,679,380. This figure is relevant for shareholders and others with 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: 1,065,111
Technical Sentiment Signal: Hold
Current Market Cap: £20.22B
Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.