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Jet2 Continues £100m Buyback With Purchase and Cancellation of 49,653 Shares

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Jet2 Continues £100m Buyback With Purchase and Cancellation of 49,653 Shares

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

Jet2 plc has repurchased 49,653 ordinary shares on 23 December 2025 under its previously announced share buyback programme of up to £100 million, paying a volume-weighted average price of £14.0429 per share. The shares, acquired via Jefferies International across multiple trading venues, are intended to be cancelled, modestly reducing the company’s share capital and potentially enhancing earnings per share and capital returns for existing shareholders as the buyback progresses.

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-based leisure travel group focused on providing holiday flights and package breaks, primarily serving sun and leisure destinations from the UK. The company operates both an airline and tour operator model, targeting price-conscious travelers and competing in the European short- and medium-haul leisure market.

Average Trading Volume: 593,520

Technical Sentiment Signal: Hold

Current Market Cap: £2.66B

For detailed information about JET2 stock, go to TipRanks’ Stock Analysis page.

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