Unite Group Continues Share Buyback, Cancels Additional 150,000 Shares

2 days ago
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Unite Group plc has continued to execute its previously announced share buyback programme, repurchasing 150,000 ordinary shares on 26 January 2026 at prices between 570p and 575p per share, with a volume-weighted average price of 572.3495p. These shares will be cancelled, reducing the company’s total shares in issue to 488,258,162 and bringing total buybacks since 9 January 2026 to 1,785,409 shares, a move that modestly enhances earnings per share and signals ongoing capital management discipline to shareholders under UK market regulations.

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.

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.

Unite Group plc is a UK-based owner, manager and developer of purpose-built student accommodation, operating under the Unite Students brand and focused on serving university students across major British university cities. Its shares are listed on the Main Market of the London Stock Exchange.…Read more by TipRanks UK Auto-Generated Newsdesk

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