Ashtead Group Executes Share Repurchase as Part of Capital Management Strategy

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

Ashtead Group plc announced the repurchase of 85,000 of its ordinary shares as part of its $1.5 billion share repurchase program. The transaction, executed on June 6, 2025, was facilitated by Barclays Bank PLC, with shares purchased at an average price of 4,313 pence. This move reduces the number of ordinary shares in issue to 429,174,474, excluding treasury shares, and is part of the company’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 shows solid financial health with strong profitability and cash flow management. The company’s strategic investments and share buyback program further bolster its market position. Despite some challenges in revenue growth and specific market segments, the overall outlook is positive.

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 serving the construction, industrial, and homeowner markets, with a significant presence in North America and the United Kingdom.

Average Trading Volume: 1,189,549

Technical Sentiment Signal: Sell

Current Market Cap: £17.46B

See more insights into AHT stock on TipRanks’ Stock Analysis page.