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Jet2 PLC ( (GB:JET2) ) has issued an update.
Jet2 plc has continued to execute its previously announced share buyback programme, repurchasing 61,432 ordinary shares on 24 February 2026 at prices ranging between £12.84 and £13.03, with a volume-weighted average price of £12.91. The company plans to cancel these shares, marginally reducing its share count and signalling ongoing capital return to shareholders within its up to £100 million programme.
The latest tranche of buybacks, conducted through Jefferies International across multiple trading venues, underlines management’s commitment to using surplus capital to enhance earnings per share and support the stock. For investors, the continued implementation of the repurchase plan may be viewed as a vote of confidence in Jet2’s financial position and long-term prospects in the competitive leisure travel market.
The most recent analyst rating on (GB:JET2) stock is a Buy with a £1371.00 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 focused on holiday packages and low-cost flights to popular sun and city destinations. The company operates both an airline and a tour operator, targeting value-conscious travellers primarily from the UK and Europe seeking bundled flight-and-hotel offerings.
Average Trading Volume: 636,337
Technical Sentiment Signal: Buy
Current Market Cap: £2.38B
Learn more about JET2 stock on TipRanks’ Stock Analysis page.