Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Ashtead ( (GB:AHT) ) is now available.
Ashtead Group PLC announced the repurchase of 87,600 of its ordinary shares as part of its ongoing $1.5 billion share repurchase program. This transaction, executed on October 7, 2025, reflects the company’s strategy to manage its capital structure and return value to shareholders. The repurchase was conducted through J.P. Morgan Securities plc, with the average price per share being 5,079.8593 pence. Following this transaction, Ashtead’s total number of ordinary shares in issue stands at 421,920,626, excluding treasury shares. This move is likely to impact shareholder calculations under the Disclosure and Transparency Rules.
The most recent analyst rating on (GB:AHT) stock is a Buy with a £5689.00 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 overall stock score reflects strong financial performance and positive earnings call guidance, which are the most significant factors. The technical analysis presents mixed signals, with short-term bearish momentum but longer-term bullish trends. Valuation is fair, with a reasonable P/E ratio and modest dividend yield. Operational challenges noted in the earnings call could impact future performance, but the company’s strategic initiatives and market expansion efforts are promising.
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 tools and equipment for various sectors including construction, industrial, and general tool markets. The company is known for its extensive rental fleet and services, catering primarily to North America and the UK.
Average Trading Volume: 805,356
Technical Sentiment Signal: Strong Buy
Current Market Cap: £21.3B
See more insights into AHT stock on TipRanks’ Stock Analysis page.