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Jet2 Continues £100m Buyback With Cancellation of 52,861 Shares

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Jet2 Continues £100m Buyback With Cancellation of 52,861 Shares

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

Jet2 plc has continued to execute its up to £100 million share buyback programme with the purchase of 52,861 ordinary shares on 5 January 2026, at prices ranging between £13.86 and £14.20 per share and a volume-weighted average price of £14.0689. The company plans to cancel the repurchased shares, a move that will reduce the number of shares in issue and is likely to be seen as a sign of confidence in the group’s financial position and a means of enhancing shareholder value through improved earnings per share.

The most recent analyst rating on (GB:JET2) stock is a Buy with a £21.25 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 primarily in the package holidays and low-cost air travel segments. The company focuses on serving holidaymakers through its airline and tour operator businesses, targeting popular leisure destinations from the UK market.

Average Trading Volume: 523,364

Technical Sentiment Signal: Hold

Current Market Cap: £2.65B

See more data about JET2 stock on TipRanks’ Stock Analysis page.

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