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

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

Ashtead Group plc has repurchased 61,762 of its ordinary shares as part of its $1.5 billion share repurchase programme, which was announced in December 2024. The transaction, executed on May 12, 2025, involved shares priced between 4,223 and 4,269 pence. This buyback reduces the number of shares in circulation, potentially increasing shareholder value and signaling confidence in the company’s financial health.

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 strong financial health with impressive profitability and cash flow management. The stock’s valuation is attractive, and strategic initiatives like the share buyback program and North American expansion are positives. However, technical indicators suggest cautious optimism due to bearish momentum and high debt levels. Challenges in certain business segments, such as used equipment sales, need 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 wide range of construction and industrial equipment for rent. The company focuses on serving the construction, industrial, and homeowner markets, primarily in the United States and the United Kingdom.

Average Trading Volume: 1,242,434

Technical Sentiment Signal: Sell

Current Market Cap: £17.67B

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