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Jet2 PLC ( (GB:JET2) ) has provided an announcement.
Jet2 plc has repurchased 105,384 of its ordinary shares on 29 January 2026 as part of its ongoing share buyback programme of up to £100 million, authorised by shareholders at the 2025 AGM. The shares were bought at prices between £12.15 and £12.45, with a volume-weighted average price of £12.2376, and the company plans to cancel the repurchased stock, a move that will reduce the number of shares in issue and may enhance earnings per share and capital returns for existing shareholders.
The most recent analyst rating on (GB:JET2) stock is a Buy with a £1371.00 price target. To see the full list of analyst forecasts on Jet2 PLC stock, see the GB:JET2 Stock Forecast page.
Spark’s Take on GB:JET2 Stock
According to Spark, TipRanks’ AI Analyst, GB:JET2 is a Outperform.
Jet2 PLC’s strong financial performance, strategic growth initiatives, and undervaluation relative to peers are significant strengths. The company’s robust earnings call and proactive corporate events, such as the share buyback program, further enhance its investment appeal. However, concerns about cash flow and rising operational costs slightly temper the overall outlook.
To see Spark’s full report on GB:JET2 stock, click here.
More about Jet2 PLC
Jet2 plc is a UK-based leisure travel group, operating in the tourism and aviation sector. The company primarily provides package holidays and flight services to popular leisure destinations, targeting price-conscious holidaymakers across the UK and Europe.
Average Trading Volume: 575,911
Technical Sentiment Signal: Sell
Current Market Cap: £2.29B
For an in-depth examination of JET2 stock, go to TipRanks’ Overview page.