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Jet2 PLC Advances Share Buyback Program with New Purchase

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Jet2 PLC Advances Share Buyback Program with New Purchase

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

Jet2 PLC has announced the purchase of 85,090 ordinary shares as part of its ongoing share buyback program. This move is part of the second tranche of the program, initially announced in April 2025, and reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation. The shares were acquired at a volume-weighted average price of £16.2771 and will be canceled, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health.

The most recent analyst rating on (GB:JET2) stock is a Hold with a £1760.00 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 Neutral.

Jet2 PLC’s strong financial performance and attractive valuation are the primary drivers of its overall score. However, technical indicators suggest a lack of upward momentum, which tempers the stock’s attractiveness. The absence of earnings call insights and corporate events means these factors did not influence the score.

To see Spark’s full report on GB:JET2 stock, click here.

More about Jet2 PLC

Jet2 PLC is a leisure travel group that operates in the travel and tourism industry, primarily offering holiday packages and flights. The company focuses on providing affordable travel options to popular holiday destinations, catering to a wide range of customers seeking leisure travel experiences.

Average Trading Volume: 707,985

Technical Sentiment Signal: Buy

Current Market Cap: £3.18B

See more insights into JET2 stock on TipRanks’ Stock Analysis page.

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