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Jet2 Cancels Further Shares Under £100m Buyback Programme

Story Highlights
  • Jet2 repurchased 93,588 shares on 30 January 2026 as part of its ongoing £100 million buyback programme.
  • The purchased shares will be cancelled, reducing share count and potentially boosting earnings per share for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jet2 Cancels Further Shares Under £100m Buyback Programme

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Jet2 PLC ( (GB:JET2) ) has issued an update.

Jet2 plc has bought back 93,588 ordinary shares on 30 January 2026 under its previously announced share repurchase programme of up to £100 million, paying a volume-weighted average price of £12.4598 per share. The company intends to cancel these shares, a move that reduces the number of shares in issue and can enhance earnings per share, underscoring ongoing efforts to return capital to investors and signal confidence in the group’s financial position.

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-listed leisure travel group, best known for its Jet2.com airline and Jet2holidays package holiday business, serving predominantly short- and medium-haul destinations from the UK to popular leisure markets in Europe and the Mediterranean.

YTD Price Performance: -11.61%

Average Trading Volume: 580,701

Technical Sentiment Signal: Sell

Current Market Cap: £2.31B

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

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