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Jet2 Continues £100m Buyback With New Share Repurchase and Cancellation

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Jet2 Continues £100m Buyback With New Share Repurchase and Cancellation

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The latest announcement is out from Jet2 PLC ( (GB:JET2) ).

Jet2 plc has repurchased 47,794 ordinary shares on 6 January 2026 under its previously announced share buyback programme of up to £100 million. The shares, bought at prices between £14.11 and £14.49 and at a volume-weighted average price of £14.3172 across multiple trading venues, will be cancelled, marginally reducing the company’s share capital and signalling continued use of surplus capital to enhance shareholder returns.

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-listed leisure travel group, best known for its Jet2.com airline and Jet2holidays package holiday business, serving short-haul and medium-haul destinations from the UK to popular leisure markets in Europe and the Mediterranean.

Average Trading Volume: 519,025

Technical Sentiment Signal: Buy

Current Market Cap: £2.69B

For a thorough assessment of JET2 stock, go to TipRanks’ Stock Analysis page.

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