Jet2 Continues £100m Buyback With Purchase of 93,079 Shares for Cancellation

Jet2 PLC ( (GB:JET2) ) has provided an announcement.

Jet2 plc has continued to execute its up to £100 million share buyback programme with the repurchase of 93,079 ordinary shares on 23 January 2026, at prices ranging between £12.55 and £12.83 and a volume-weighted average price of £12.7323. The shares, acquired via Jefferies International across multiple trading venues, are intended to be cancelled, reducing the company’s share capital and signalling ongoing capital return to shareholders, which may enhance earnings per share and underscore management’s confidence in the group’s financial position.

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, best known for its package holidays and low-cost flights to European and Mediterranean destinations. The company caters primarily to price-conscious holidaymakers, operating both an airline and tour operator business focused on short- and medium-haul leisure travel markets.

YTD Price Performance: -9.47%

Average Trading Volume: 512,160

Technical Sentiment Signal: Sell

Current Market Cap: £2.37B

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