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Unite Group plc ( (GB:UTG) ) has issued an announcement.
Unite Group plc has continued to execute its previously announced share buyback programme, repurchasing 150,000 ordinary shares on 22 January 2026 at prices between 568.50p and 578.50p, with a volume-weighted average price of 575.1569p. The repurchased shares will be cancelled, reducing the company’s share capital to 488,558,162 ordinary shares in issue and, since the launch of the programme on 9 January 2026, Unite has now bought back a total of 1,485,409 shares for cancellation, marginally enhancing remaining shareholders’ proportional ownership and voting interests.
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
Average Trading Volume: 2,271,559
Technical Sentiment Signal: Sell
Current Market Cap: £2.8B
For an in-depth examination of UTG stock, go to TipRanks’ Overview page.