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Jet2 PLC ( (GB:JET2) ) has issued an announcement.
Jet2 plc has continued to execute its previously announced share buyback programme of up to £100 million with the repurchase of 87,973 ordinary shares on 2 February 2026, at prices ranging between £12.36 and £12.58 and a volume-weighted average price of £12.457 per share. The company plans to cancel the repurchased shares, a move that will reduce the number of shares in issue and is likely to enhance earnings per share and signal management’s confidence in the group’s financial position to investors.
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, operating in the holiday and airline sectors by providing package holidays and flight-only services primarily to European leisure destinations. The company targets price-conscious holidaymakers and families, competing with other low-cost and leisure-focused carriers and tour operators in the short- and medium-haul travel market.
Average Trading Volume: 580,701
Technical Sentiment Signal: Sell
Current Market Cap: £2.31B
See more data about JET2 stock on TipRanks’ Stock Analysis page.