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Ashtead ( (GB:AHT) ) just unveiled an update.
Ashtead Group PLC, a company involved in equipment rental services, announced the repurchase of 82,300 of its ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on October 23, 2025, reflects the company’s ongoing strategy to manage its capital structure and potentially enhance shareholder value. The repurchase was facilitated by J.P. Morgan Securities plc, with the shares bought at an average price of 5,298.9669 pence. Following this transaction, Ashtead holds 30,452,397 ordinary shares in treasury, while the total number of shares in issue stands at 420,902,436, excluding treasury shares.
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: 843,955
Technical Sentiment Signal: Strong Buy
Current Market Cap: £22.76B
For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.