Ashtead Group Advances Share Repurchase Program

Tip Ranks
2025.07.31 16:27
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Ashtead Group plc has announced the purchase of 86,675 ordinary shares at an average price of 5,095 pence per share as part of its $1.5 billion share repurchase program initiated in December 2024. This move aims to reduce shares in circulation and increase Treasury shares, potentially affecting shareholder calculations. The latest analyst rating for Ashtead (GB:AHT) is a Buy with a £66.00 price target, reflecting strong financial performance despite some market challenges.

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

Ashtead Group plc, a company involved in a share repurchase program, has announced the purchase of 86,675 of its ordinary shares at an average price of 5,095 pence per share. This transaction is part of its $1.5 billion share repurchase initiative, which was announced in December 2024. The repurchase reduces the number of shares in circulation and increases the number of shares held in Treasury, potentially impacting 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 Group shows strong financial and operational performance with positive market sentiment. However, leverage and potential market challenges warrant attention.

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

More about Ashtead

Average Trading Volume: 878,539

Technical Sentiment Signal: Strong Buy

Current Market Cap: £21.61B

For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.

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