tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jet2 Cancels 79,003 Shares Under £100m Buyback Programme

Story Highlights
  • Jet2 repurchased 79,003 shares on 4 February 2026 under its £100m buyback programme.
  • The acquired shares will be cancelled, reducing share capital and potentially boosting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jet2 Cancels 79,003 Shares Under £100m Buyback Programme

Claim 50% Off TipRanks Premium

Jet2 PLC ( (GB:JET2) ) just unveiled an announcement.

Jet2 plc has repurchased 79,003 ordinary shares on 4 February 2026 as part of its up to £100 million share buyback programme authorised by shareholders in September 2025 and launched in November 2025. The shares, acquired at a volume-weighted average price of £12.6301 through Jefferies International across multiple trading venues, are intended to be cancelled, reducing the company’s share capital and potentially enhancing earnings per share and shareholder value as the buyback progresses.

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 holiday and airline sector, focusing on package holidays and flight services for consumers travelling to leisure destinations from the UK. The company targets the mass-market leisure segment, offering integrated travel services through its airline and tour operations.

Average Trading Volume: 596,605

Technical Sentiment Signal: Sell

Current Market Cap: £2.34B

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