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Unite Group plc ( (GB:UTG) ) has issued an announcement.
Unite Group plc, the UK student accommodation specialist, has continued executing its previously announced share buyback programme, purchasing 160,000 ordinary shares on 20 January 2026 through Deutsche Bank at prices ranging between 569.00p and 579.50p per share, with a volume-weighted average price of 572.9473p. The company will cancel these shares, reducing the total number of ordinary shares in issue to 488,858,162 and bringing total repurchases since the programme’s launch on 9 January 2026 to 1,185,409 shares, a move that marginally enhances earnings per share and underscores management’s ongoing capital-return strategy for shareholders.
The most recent analyst rating on (GB:UTG) stock is a Buy with a £647.00 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 under the Unite Students brand, is a UK-listed company focused on providing purpose-built student accommodation. Its properties are primarily located in major university cities across the UK, catering to domestic and international higher-education students and operating within the broader real estate and student housing sectors.
Average Trading Volume: 2,293,987
Technical Sentiment Signal: Sell
Current Market Cap: £2.85B
For detailed information about UTG stock, go to TipRanks’ Stock Analysis page.