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Ashtead ( (GB:AHT) ) has provided an announcement.
Ashtead Group PLC has repurchased 82,300 of its ordinary shares as part of its ongoing $1.5 billion share repurchase program. This transaction, executed on September 16, 2025, reflects the company’s strategy to manage its capital structure and enhance shareholder value. The repurchase was carried out at an average price of 5,408.2575 pence per share, with J.P. Morgan Securities plc acting as the broker. Following this transaction, Ashtead holds 28,143,684 ordinary shares in treasury, while the remaining shares in issue stand at 423,211,149. This move is likely to impact the company’s market positioning by potentially increasing earnings per share and demonstrating confidence in its financial health.
The most recent analyst rating on (GB:AHT) stock is a Hold with a £5700.00 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 strong financial performance and positive earnings call guidance are the primary drivers of its stock score. While technical indicators show positive momentum, the stock is nearing overbought levels, which could pose a risk. Valuation metrics suggest the stock is fairly valued, with a modest dividend yield. Addressing operational challenges will be crucial for maintaining profitability.
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 serves the construction, industrial, and homeowner markets, focusing on offering reliable and efficient equipment solutions.
Average Trading Volume: 836,323
Technical Sentiment Signal: Strong Buy
Current Market Cap: £22.55B
For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.