tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jet2 Cancels 112,833 Shares Under £100m Buyback Programme

Story Highlights
Jet2 Cancels 112,833 Shares Under £100m Buyback Programme

Claim 50% Off TipRanks Premium

The latest update is out from Jet2 PLC ( (GB:JET2) ).

Jet2 plc has repurchased 112,833 ordinary shares on 27 January 2026 under its up to £100 million share buyback programme authorised by shareholders in September 2025. The shares, bought at a volume-weighted average price of £12.2256 and to be cancelled, reflect ongoing capital management aimed at reducing the company’s share count and potentially enhancing earnings per share and returns for remaining shareholders.

The most recent analyst rating on (GB:JET2) stock is a Hold with a £1450.00 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, best known for its Jet2.com airline and Jet2holidays package holiday business, serving value-focused customers travelling mainly to sun, beach and leisure destinations from the UK and Europe.

Average Trading Volume: 515,959

Technical Sentiment Signal: Sell

Current Market Cap: £2.35B

For detailed information about JET2 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1