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Ashtead ( (GB:AHT) ) has shared an announcement.
Ashtead Group plc announced the repurchase of 88,358 of its ordinary shares as part of its $1.5 billion share repurchase program. The transaction, executed on July 18, 2025, was conducted at an average price of 4,843 pence per share, with Barclays Bank PLC acting as the broker. This move reduces the number of ordinary shares in issue to 426,535,518, excluding treasury shares, and reflects Ashtead’s ongoing efforts to manage its capital structure effectively.
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 strong financial performance and strategic initiatives in mega projects significantly boost its prospects. While technical indicators and valuation are supportive, the high leverage and challenges in certain markets necessitate careful monitoring.
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, offering services to a variety of sectors including construction, industrial, and infrastructure.
Average Trading Volume: 897,830
Technical Sentiment Signal: Buy
Current Market Cap: £19.94B
Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.