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Jet2 Continues £100m Buyback with Further Share Repurchase and Cancellation

Story Highlights
  • Jet2 plc repurchased 83,711 ordinary shares on 19 January 2026 under its ongoing share buyback programme.
  • The company will cancel the repurchased shares, slightly reducing share capital and advancing its £100 million capital return plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jet2 Continues £100m Buyback with Further Share Repurchase and Cancellation

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

Jet2 plc has continued to execute its previously announced share buyback programme, repurchasing 83,711 ordinary shares on 19 January 2026 at prices ranging between £12.90 and £13.09, with a volume-weighted average price of £13.0215. The shares, acquired via Jefferies International across multiple trading venues, will be cancelled, marginally reducing the company’s share capital and effectively returning cash to shareholders as part of its up to £100 million capital management initiative authorised at the 2025 AGM.

The most recent analyst rating on (GB:JET2) stock is a Buy with a £20.50 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 packaged holidays and low-cost air travel market. The company focuses on providing flights and holiday services to popular leisure destinations, targeting value-conscious consumers and competing with other European leisure airlines and tour operators.

Average Trading Volume: 504,109

Technical Sentiment Signal: Hold

Current Market Cap: £2.44B

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

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