Jet2 Continues £100m Buyback with Purchase of 127,321 Shares for Cancellation

An update from Jet2 PLC ( (GB:JET2) ) is now available.

Jet2 plc has continued execution of its up to £100 million share buyback programme with the repurchase of 127,321 ordinary shares on 28 January 2026, at prices ranging between £12.18 and £12.33 and a volume-weighted average price of £12.2527. The shares, bought back via Jefferies International across multiple trading venues, are intended to be cancelled, marginally reducing the company’s share capital and effectively returning cash to shareholders, which may enhance earnings per share and signals ongoing management confidence in Jet2’s financial position and long-term prospects.

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-based leisure travel group operating in the tourism and airline sector, providing package holidays and flight-only services primarily to European sun and city destinations. The company targets the mass-market leisure segment, serving customers through its Jet2.com airline and Jet2holidays tour operator brands.

Average Trading Volume: 552,988

Technical Sentiment Signal: Sell

Current Market Cap: £2.35B

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