tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ashtead Group Advances Share Repurchase Program with Latest Buyback

Story Highlights
  • Ashtead Group repurchased 86,300 shares as part of a $1.5 billion buyback program.
  • The buyback impacts shareholder calculations under the Disclosure and Transparency Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ashtead Group Advances Share Repurchase Program with Latest Buyback

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.

The latest update is out from Ashtead ( (GB:AHT) ).

Ashtead Group PLC announced the repurchase of 86,300 ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on October 9, 2025, reflects the company’s ongoing efforts to manage its capital structure and return value to shareholders. The purchase was facilitated by J.P. Morgan Securities plc, with the shares bought at an average price of 5,181.2070 pence. Following this buyback, Ashtead holds 29,607,724 shares in treasury, with 421,747,109 shares remaining in issue, excluding treasury shares. This move is expected 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 wide range of construction and industrial equipment to various sectors. The company focuses on markets in the UK and North America, offering services that support infrastructure projects, construction, and other industrial activities.

Average Trading Volume: 804,633

Technical Sentiment Signal: Strong Buy

Current Market Cap: £21.44B

For a thorough assessment of AHT stock, go to 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