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The latest announcement is out from Jet2 PLC ( (GB:JET2) ).
Jet2 plc has continued executing its previously announced share buyback programme of up to £100 million, repurchasing 54,423 ordinary shares on 17 February 2026 at prices between £12.82 and £13.05, with a volume-weighted average price of £12.93. The company plans to cancel these shares, modestly reducing its share capital and signalling ongoing capital return to investors as part of its broader shareholder value strategy.
The latest tranche of repurchases was carried out by Jefferies International across multiple trading venues, including AIM and several MTFs, under the authority granted at Jet2’s September 2025 AGM. By shrinking its equity base through cancellations, Jet2 may enhance earnings per share over time and underscores management’s confidence in the group’s financial position and long-term prospects.
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 operating in the tourism and airline sector, focused on package holidays and flight services to popular holiday destinations. The company targets cost-conscious leisure travellers, combining an airline operation with an integrated tour operator model across key European sun and city markets.
Average Trading Volume: 630,292
Technical Sentiment Signal: Hold
Current Market Cap: £2.35B
For an in-depth examination of JET2 stock, go to TipRanks’ Overview page.