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Ashtead ( (GB:AHT) ) has shared an announcement.
Ashtead Group plc announced the repurchase of 88,312 of its ordinary shares as part of its $1.5 billion share repurchase program. The transaction, executed on July 10, 2025, at an average price of 4,862 pence per share, reflects the company’s ongoing efforts to manage its capital structure and return value to shareholders. Following this transaction, the company holds 24,287,430 shares in Treasury, with the remaining shares in issue totaling 427,067,403. This move is likely to impact shareholder calculations under the Disclosure and Transparency Rules.
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’s overall score reflects its solid financial performance, strategic growth initiatives, and strong market momentum. Key strengths include robust profitability and strategic focus on high-growth areas. However, high leverage and market caution due to technical indicators slightly offset these positives.
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 primarily focuses on the North American market and is known for its extensive fleet and customer service.
Average Trading Volume: 938,102
Technical Sentiment Signal: Hold
Current Market Cap: £20.1B
Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.