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Jet2 PLC ( (GB:JET2) ) has issued an announcement.
Jet2 plc has announced the purchase of 65,000 ordinary shares as part of its buyback program initiated on 29 April 2025. This transaction, conducted by Canaccord Genuity Limited, is part of the company’s strategy to manage its capital structure, and the purchased shares will be canceled, reducing the total number of shares in circulation. This move may impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:JET2) stock is a Buy with a £22.00 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 demonstrates strong financial performance, supported by robust revenue and profitability growth, effective equity leverage, and strategic financial maneuvers like share buybacks. These strengths are somewhat offset by high liabilities and potential overbought technical indicators. The stock is undervalued, presenting an opportunity for investors, although caution is advised due to mixed technical signals.
To see Spark’s full report on GB:JET2 stock, click here.
More about Jet2 PLC
Jet2 plc is a Leisure Travel Group that includes Jet2holidays, a leading provider of ATOL protected package holidays to destinations across the Mediterranean, Canary Islands, and European Leisure Cities. It also operates Jet2.com, the UK’s third largest airline by passenger numbers, focusing on scheduled holiday flights. The company operates from 13 UK airport bases.
Average Trading Volume: 765,678
Technical Sentiment Signal: Buy
Current Market Cap: £3.78B
See more insights into JET2 stock on TipRanks’ Stock Analysis page.