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Ashtead ( (GB:AHT) ) has shared an update.
Ashtead Group plc has repurchased 86,651 of its ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on 28th July 2025, reflects the company’s ongoing efforts to manage its capital structure and enhance shareholder value. The repurchase was conducted at an average price of 5,125 pence per share, with Barclays Bank PLC acting as the broker. Following this transaction, Ashtead holds 25,278,426 ordinary shares in Treasury, and the total number of ordinary shares in issue stands at 426,076,407. This move is significant for shareholders and stakeholders as it impacts the company’s share capital and may influence market perceptions of Ashtead’s financial health and strategic direction.
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’s solid financial performance and strategic growth initiatives, coupled with a significant share buyback program, highlight its robust market position. However, attention to leverage and selective market challenges remain areas for improvement.
To see Spark’s full report on GB:AHT stock, click here.
More about Ashtead
Ashtead Group plc operates in the equipment rental industry, providing a wide range of construction and industrial equipment for rent. The company primarily focuses on the North American and UK markets, serving various sectors including construction, industrial, and infrastructure.
Average Trading Volume: 892,371
Technical Sentiment Signal: Strong Buy
Current Market Cap: £21.85B
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.