tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jet2 Continues £100m Buyback with Further Share Repurchases for Cancellation

Story Highlights
  • Jet2 operates as a UK leisure travel group, running an airline and holiday business focused on value package trips.
  • The company repurchased 82,409 shares under its £100m buyback, to be cancelled and slightly reduce share count.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jet2 Continues £100m Buyback with Further Share Repurchases for Cancellation

Claim 50% Off TipRanks Premium

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

Jet2 plc has continued executing its previously announced share buyback programme of up to £100 million, repurchasing 82,409 ordinary shares on 22 January 2026 at a volume-weighted average price of £12.9478 per share. The purchased shares, acquired via Jefferies International across multiple trading venues including AIM and various MTFs, will be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share, signalling ongoing management confidence and disciplined capital return to shareholders.

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-listed leisure travel group, best known for its Jet2.com airline and Jet2holidays tour operator, offering package holidays and flights primarily to popular leisure destinations from the UK. The company operates in the broader travel and tourism sector, focusing on value-oriented holiday packages and scheduled leisure air services, and is listed on London’s AIM market.

Average Trading Volume: 508,351

Technical Sentiment Signal: Hold

Current Market Cap: £2.37B

Learn more about JET2 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1