Ashtead Tightens Share Base With Further Buyback Under $1.5bn Programme

Ashtead ( (GB:AHT) ) has provided an announcement.

Ashtead Group plc has continued to execute its previously announced share repurchase programme of up to $1.5bn, buying back 73,925 ordinary shares on 30 December 2025 at an average price of 5,139.0409 pence per share through broker J.P. Morgan Securities. Following this latest transaction, the company has reduced its free float to 416,928,200 shares in issue (excluding 34,426,633 shares now held in Treasury), a move that tightens the share base and may enhance earnings per share while providing clarity for investors on the denominator to use for regulatory disclosure calculations.

The most recent analyst rating on (GB:AHT) stock is a Buy with a £6006.00 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 strong financial performance and positive earnings call are the most significant factors contributing to the score. The technical analysis indicates a strong upward trend, although overbought conditions suggest caution. Valuation metrics show moderate pricing, with a relatively low dividend yield.

To see Spark’s full report on GB:AHT stock, click here.

More about Ashtead

Ashtead Group plc is an international equipment rental company, best known for operating under the Sunbelt Rentals brand in key markets such as the UK and North America. It provides a broad range of construction, industrial and specialty equipment to contractors, industrial clients and the events sector, positioning itself as a major player in the outsourced equipment solutions market.

Average Trading Volume: 1,054,819

Technical Sentiment Signal: Strong Buy

Current Market Cap: £21.44B

For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.