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Jet2 Continues £100m Buyback with Purchase and Cancellation of 54,771 Shares

Story Highlights
  • Jet2 repurchased 54,771 shares on 7 January 2026 under its £100 million buyback programme.
  • The acquired shares will be cancelled, reducing share count and potentially enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jet2 Continues £100m Buyback with Purchase and Cancellation of 54,771 Shares

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

Jet2 plc has repurchased 54,771 ordinary shares on 7 January 2026 under its previously announced share buyback programme of up to £100 million, paying a volume-weighted average price of £14.1942 per share. The shares, acquired via Jefferies International across multiple trading venues at prices between £14.05 and £14.75, are intended to be cancelled, signalling ongoing capital management aimed at reducing the share count and potentially enhancing earnings per share and shareholder value.

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, operating in the tourism and airline sector and focused on providing package holidays and flight-only services primarily to holiday destinations. Listed in London, the company serves the mass-market leisure segment, positioning itself as a value-focused provider of scheduled flights and holiday packages for price-sensitive travellers.

Average Trading Volume: 521,729

Technical Sentiment Signal: Buy

Current Market Cap: £2.74B

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

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