Unite Group Cancels Further Shares Under Ongoing Buyback Programme

Unite Group plc ( (GB:UTG) ) has provided an announcement.

Unite Group plc has continued its recently launched share buyback programme, repurchasing 150,000 ordinary shares on 13 January 2026 at a volume-weighted average price of 565.76p per share through Deutsche Bank AG’s London branch. The shares will be cancelled, reducing the company’s total shares in issue to 489,618,162, and bringing the aggregate number of shares repurchased since the programme began on 9 January to 425,409. The move signals ongoing capital return to shareholders and a marginal enhancement of earnings per share, while also prompting investors to review any disclosure obligations under UK transparency rules as Unite incrementally shrinks its free float.

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-based owner, manager and developer of purpose-built student accommodation, providing housing and related services to university students across major British cities.

Average Trading Volume: 2,500,026

Technical Sentiment Signal: Sell

Current Market Cap: £2.81B

See more data about UTG stock on TipRanks’ Stock Analysis page.