Ashtead Group Advances Share Repurchase Program

The latest update is out from Ashtead ( (GB:AHT) ).

Ashtead Group plc, a company engaged in a share repurchase program, announced the purchase of 2,050 of its ordinary shares on May 13, 2025. This transaction is part of its ongoing $1.5 billion share repurchase initiative. The shares were bought at an average price of 4,310 pence each, with Barclays Bank PLC acting as the broker. Following this purchase, the total number of ordinary shares in issue is 430,628,964, excluding those held in Treasury. This move is likely to impact shareholder calculations 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 exhibits strong financial performance with robust cash flow and profitability, complemented by strategic initiatives like share buybacks. While the valuation is attractive, technical analysis indicates bearish momentum. High debt levels and challenges in certain business segments require cautious optimism. Overall, the company’s strategic growth and solid financial health support a favorable outlook.

To see Spark’s full report on GB:AHT stock, click here.

More about Ashtead

Average Trading Volume: 1,246,342

Technical Sentiment Signal: Sell

Current Market Cap: £18.54B

For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.