Ashtead Group Executes Share Buyback as Part of $1.5 Billion Program

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

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, executed on May 30, 2025, reflects the company’s ongoing efforts to manage its capital structure and return value to shareholders. Following the repurchase, the company holds 21,747,413 shares in Treasury, with 429,607,420 ordinary shares remaining in issue. This move is significant for stakeholders as it may influence share value and investor interest in the company.

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 strong financial performance and strategic initiatives, such as share buybacks and a potential U.S. listing, underpin its robust market position. While technical indicators are moderately positive, valuation is fair, and the earnings call identified some industry challenges.

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 industrial and construction equipment for rent. The company primarily serves the construction, industrial, and homeowner markets, focusing on North America and the United Kingdom.

Average Trading Volume: 1,216,785

Technical Sentiment Signal: Sell

Current Market Cap: £18.51B

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