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Unite Group plc ( (GB:UTG) ) has issued an update.
Unite Group plc has continued executing its recently announced share buyback programme, repurchasing 150,000 ordinary shares on 14 January 2026 at prices between 563.00p and 569.50p per share, with a volume-weighted average price of 566.3475p. These shares will be cancelled, reducing the total number of shares in issue to 489,468,162 and slightly increasing remaining shareholders’ proportional ownership; since the launch of the programme on 9 January, Unite has now bought back 575,409 shares in aggregate for cancellation, a capital management move that may signal confidence in the company’s valuation and support its share price in the market.
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 is a UK-listed company that operates in the real estate sector, primarily focused on purpose-built student accommodation. Trading as Unite Students, it develops, owns and manages student housing across major university cities, targeting both domestic and international students through long-term partnerships with higher education institutions.
Average Trading Volume: 2,434,888
Technical Sentiment Signal: Sell
Current Market Cap: £2.77B
For detailed information about UTG stock, go to TipRanks’ Stock Analysis page.