tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ashtead Group Advances Share Buyback Program with Recent Repurchase

Story Highlights
Ashtead Group Advances Share Buyback Program with Recent Repurchase

Meet Your ETF AI Analyst

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

Ashtead Group PLC, a prominent player in the equipment rental industry, has announced the repurchase of 94,080 of its ordinary shares as part of its $1.5 billion share buyback program. This transaction, executed on November 6, 2025, reflects the company’s strategic initiative to enhance shareholder value and optimize its capital structure. The repurchase, facilitated by J.P. Morgan Securities plc, involved an average share price of 4,826.0768 pence, with the lowest and highest prices paid being 4,743.0000 and 4,897.0000 pence respectively. Following this transaction, Ashtead holds 31,336,651 shares in Treasury, with 420,018,182 ordinary shares remaining in issue, a figure relevant for stakeholders 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 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

Average Trading Volume: 864,346

Technical Sentiment Signal: Buy

Current Market Cap: £20.73B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1