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Unite Group Cancels 150,000 Shares Under Ongoing Buyback Programme

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Unite Group Cancels 150,000 Shares Under Ongoing Buyback Programme

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An update from Unite Group plc ( (GB:UTG) ) is now available.

Unite Group plc has continued to execute its previously announced share buyback programme, repurchasing 150,000 ordinary shares on 15 January 2026 at prices between 569p and 580p per share via Deutsche Bank AG’s London branch. The shares bought back will be cancelled, reducing the company’s total shares in issue to 489,318,162 and bringing aggregate repurchases since the programme’s launch on 9 January 2026 to 725,409 shares, a move that marginally enhances earnings per share and may support the stock for existing shareholders.

The most recent analyst rating on (GB:UTG) stock is a Buy with a £700.00 price target. To see the full list of analyst forecasts on Unite Group plc stock, see the GB:UTG Stock Forecast page.

Spark’s Take on GB:UTG Stock

According to Spark, TipRanks’ AI Analyst, GB:UTG is a Outperform.

Unite Group plc’s overall stock score is driven by strong financial performance and positive corporate events, indicating confidence in its strategic direction. However, technical analysis suggests a bearish trend, which tempers the overall score. The attractive valuation with a low P/E ratio and high dividend yield provides a solid investment case, despite the current market momentum challenges.

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

More about Unite Group plc

Unite Group plc, which trades as Unite Students, is a UK-listed company focused on providing purpose-built student accommodation, with its ordinary shares admitted to trading on the Main Market of the London Stock Exchange.

Average Trading Volume: 2,377,397

Technical Sentiment Signal: Sell

Current Market Cap: £2.79B

See more insights into UTG stock on TipRanks’ Stock Analysis page.

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