Ashtead Group Advances Share Repurchase Program

An update from Ashtead ( (GB:AHT) ) is now available.

Ashtead Group plc has repurchased 85,000 of its ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on May 16, 2025, at an average price of 4,371 pence per share, is part of Ashtead’s strategy to manage its capital structure and enhance shareholder value. The repurchase reduces the number of ordinary shares in issue to 430,375,864, excluding those held in Treasury, and may 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 shows strong financial performance and strategic initiatives, such as a share buyback program and a potential U.S. listing, which are significant strengths. However, technical indicators suggest cautious optimism due to bearish momentum and high debt levels. The company’s attractive valuation and growth in specialty and mega projects are positives, while challenges in certain segments need monitoring.

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

More about Ashtead

Ashtead Group plc operates within the equipment rental industry, providing a wide range of construction and industrial equipment for rent. The company primarily focuses on the North American market, where it serves a diverse customer base across various sectors, including construction, industrial, and infrastructure development.

Average Trading Volume: 1,236,055

Technical Sentiment Signal: Sell

Current Market Cap: £18.9B

Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.