Ashtead Group Executes Share Buyback as Part of $1.5 Billion Program

Tip Ranks
2025.11.06 08:11
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Ashtead Group PLC has initiated a share buyback, repurchasing 89,500 ordinary shares as part of its $1.5 billion program. The transaction, executed on November 5, 2025, was conducted through J.P. Morgan Securities at an average price of 4,929.2057 pence per share. Following this, the total shares in issue are 420,112,262. Analysts rate the stock as a Buy with a £66.00 target, reflecting strong financial performance despite some operational challenges. Ashtead operates in the industrial equipment rental sector, primarily in North America and the UK.

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

Ashtead Group PLC announced the repurchase of 89,500 of its ordinary shares as part of its $1.5 billion share repurchase program. This transaction, executed on November 5, 2025, reflects the company’s ongoing efforts to manage its capital structure and return value to shareholders. The purchase was conducted through J.P. Morgan Securities plc, with the average price paid per share being 4,929.2057 pence. Following this transaction, the total number of shares in issue stands at 420,112,262, excluding treasury shares, which could influence shareholder calculations 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

Ashtead Group PLC operates in the industrial equipment rental industry, providing a wide range of construction and industrial equipment for rent. The company primarily serves the construction, industrial, and homeowner markets, focusing on North America and the United Kingdom.

Average Trading Volume: 846,129

Technical Sentiment Signal: Buy

Current Market Cap: £20.54B

Learn more about AHT stock on TipRanks’ Stock Analysis page.

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