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Ashtead ( (GB:AHT) ) has shared an announcement.
Ashtead Group plc announced the repurchase of 88,259 of its ordinary shares as part of its $1.5 billion share repurchase program. The transaction, executed on July 24, 2025, involved shares being bought at an average price of 5,013 pence. This move is part of Ashtead’s strategy to manage its capital structure and return value to shareholders, potentially impacting the company’s stock liquidity and market perception.
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 solid financial performance and strategic growth initiatives, coupled with a significant share buyback program, highlight its robust market position. However, attention to leverage and selective market challenges remain areas for improvement.
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 primarily focuses on the North American market, where it serves a diverse customer base across various sectors including construction, industrial, and homeowner markets.
Average Trading Volume: 874,092
Technical Sentiment Signal: Buy
Current Market Cap: £20.68B
See more data about AHT stock on TipRanks’ Stock Analysis page.