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An update from Ashtead ( (GB:AHT) ) is now available.
Ashtead Group plc has announced the repurchase of 87,000 of its ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on June 16, 2025, reflects the company’s ongoing efforts to manage its capital structure and return value to shareholders. The repurchase was conducted at an average price of 4,335 pence per share, with Barclays Bank PLC acting as the broker. Following this transaction, Ashtead’s total number of ordinary shares in issue stands at 428,658,374, excluding Treasury shares. This move is likely to impact the company’s market positioning by potentially increasing shareholder value and adjusting the shareholding structure.
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 solid financial health with strong profitability and cash flow management. The company’s strategic investments and share buyback program further bolster its market position. Despite some challenges in revenue growth and specific market segments, the overall outlook is positive.
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 equipment and tools for various sectors, including construction and industrial markets. The company focuses on delivering high-quality rental solutions to meet the needs of its diverse clientele.
Average Trading Volume: 1,113,805
Technical Sentiment Signal: Sell
Current Market Cap: £17.37B
Learn more about AHT stock on TipRanks’ Stock Analysis page.