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Jet2 Continues £100m Buyback With Cancellation of 96,641 Shares

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Jet2 Continues £100m Buyback With Cancellation of 96,641 Shares

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An announcement from Jet2 PLC ( (GB:JET2) ) is now available.

Jet2 plc has repurchased 96,641 ordinary shares on 21 January 2026 as part of its previously announced share buyback programme of up to £100 million, paying a volume-weighted average price of £12.654 per share. The company intends to cancel the shares, a move that will reduce the number of shares in issue and can enhance earnings per share, underlining management’s ongoing capital return strategy and signalling confidence in the group’s financial position to investors.

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 operating in the tourism and aviation sectors, providing package holidays and scheduled leisure flights primarily to sun and city destinations from the UK. The company targets value-conscious holidaymakers and competes with other European low-cost carriers and tour operators in the short-haul leisure travel market.

Average Trading Volume: 503,669

Technical Sentiment Signal: Sell

Current Market Cap: £2.37B

See more insights into JET2 stock on TipRanks’ Stock Analysis page.

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