Ashtead Group Announces Share Repurchase as Part of $1.5 Billion Program

Ashtead ( (GB:AHT) ) has shared an announcement.

Ashtead Group plc announced the repurchase of 85,000 of its ordinary shares as part of its $1.5 billion share repurchase program. This transaction, conducted on May 19, 2025, reflects the company’s ongoing efforts to manage its capital structure and return value to shareholders. The repurchase was executed at an average price of 4,307 pence per share, with Barclays Bank PLC acting as the broker. Following this transaction, Ashtead holds 21,063,969 shares in Treasury, and the total number of shares in issue stands at 430,290,864. This move is part of Ashtead’s strategy to strengthen its market position and enhance shareholder value.

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 benefits from strong financial performance with robust revenue and cash flow growth. Strategic initiatives, such as share buybacks and North American expansion, enhance its market appeal. While the valuation is attractive, technical indicators suggest caution due to bearish momentum and high debt levels. Continued monitoring of market conditions and business segment challenges is advised.

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 range of construction and industrial equipment for rent. The company focuses on serving the construction, industrial, and homeowner markets, primarily in the United States and the United Kingdom.

Average Trading Volume: 1,260,757

Technical Sentiment Signal: Sell

Current Market Cap: £18.79B

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