Jet2 Continues £100m Buyback with Purchase of 83,018 Shares for Cancellation

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

Jet2 plc has repurchased 83,018 of its ordinary shares on 15 January 2026 as part of its previously announced share buyback programme of up to £100 million. The shares, bought at a volume-weighted average price of £13.0729 and executed via Jefferies International across multiple trading venues, are intended to be cancelled, effectively reducing the company’s share capital and signalling continued capital return to shareholders under the authority granted at its September 2025 AGM.

The most recent analyst rating on (GB:JET2) stock is a Buy with a £20.50 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 focused on providing package holidays and flight-only services to popular holiday destinations, primarily serving the UK outbound tourism market. The company operates through its airline and tour operator businesses, targeting value-conscious leisure travellers and competing with other European low-cost and leisure-focused carriers.

Average Trading Volume: 488,966

Technical Sentiment Signal: Hold

Current Market Cap: £2.42B

For an in-depth examination of JET2 stock, go to TipRanks’ Overview page.