Advertisement
Advertisement

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

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

Meet Your ETF AI Analyst

Ashtead ( (GB:AHT) ) just unveiled an update.

Ashtead Group PLC, a company involved in the equipment rental industry, announced the repurchase of 93,800 of its ordinary shares as part of its $1.5 billion share repurchase program. The transaction, executed on November 11, 2025, was facilitated by J.P. Morgan Securities plc, with the average price per share being approximately 4,834 pence. This move reduces the total number of shares in circulation, potentially increasing the value of remaining shares and indicating a strategic effort to enhance shareholder value.

The most recent analyst rating on (GB:AHT) stock is a Sell with a £4600.00 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 overall stock score reflects strong financial performance and positive earnings call guidance, which are the most significant factors. The technical analysis presents mixed signals, with short-term bearish momentum but longer-term bullish trends. Valuation is fair, with a reasonable P/E ratio and modest dividend yield. Operational challenges noted in the earnings call could impact future performance, but the company’s strategic initiatives and market expansion efforts are promising.

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

More about Ashtead

Average Trading Volume: 879,538

Technical Sentiment Signal: Hold

Current Market Cap: £20.19B

Learn more about AHT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1