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Jet2 PLC ( (GB:JET2) ) has shared an update.
Jet2 plc has continued executing its up to £100 million share buyback programme, repurchasing 85,868 ordinary shares on 25 February 2026 at a volume-weighted average price of £12.5548, with the highest and lowest prices paid at £12.81 and £12.21 respectively. The company plans to cancel these shares, reducing its share count to 195,224,617, a move that marginally enhances earnings per share and signals ongoing confidence in its balance sheet and long-term leisure travel demand ahead of the launch of its new London Gatwick base.
The latest buyback tranche was carried out through Jefferies International across multiple trading venues including AIM and various multilateral trading facilities, reflecting active use of market liquidity to complete the programme efficiently. The updated issued share capital figure also provides investors with a new denominator for regulatory threshold calculations under UK disclosure rules, while underscoring Jet2’s continuing capital-return strategy alongside its growth in package holiday and flight-only operations.
The most recent analyst rating on (GB:JET2) stock is a Buy with a £2100.00 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 comprising Jet2holidays, the country’s leading provider of ATOL-protected package holidays to Mediterranean, Canary Island and European city destinations, and Jet2.com, the UK’s third-largest airline by passengers flown, focused on scheduled holiday flights. In the year to 31 March 2025, over two-thirds of its passengers booked end-to-end package holidays, which generated more than 80% of group revenue, and the company operates from 13 UK airport bases with a 14th at London Gatwick due to open in March 2026.
Average Trading Volume: 651,582
Technical Sentiment Signal: Buy
Current Market Cap: £2.38B
Find detailed analytics on JET2 stock on TipRanks’ Stock Analysis page.