Ashtead Group Advances $1.5bn Share Buyback Program

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

Ashtead Group plc, a company involved in a share repurchase program, announced the repurchase of 85,000 of its ordinary shares on May 28, 2025. This transaction is part of their $1.5 billion share buyback initiative, initially announced in December 2024. The shares were bought at an average price of 4,342 pence, with Barclays Bank PLC acting as the broker. Following this purchase, Ashtead holds 21,577,413 ordinary shares in Treasury, with 429,777,420 shares remaining in issue. This transaction impacts shareholders’ notification obligations under the Disclosure and Transparency Rules.

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 strong financial performance, strategic investments, and share buyback program underpin its solid stock score. Technical indicators and valuation suggest moderate growth potential, while earnings call insights highlight both strengths in safety and specialty growth, and challenges in certain segments.

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

More about Ashtead

Average Trading Volume: 1,234,571

Technical Sentiment Signal: Sell

Current Market Cap: £18.67B

Find detailed analytics on AHT stock on TipRanks’ Stock Analysis page.