Jet2 plc Initiates Share Buyback Program

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

Jet2 plc has announced the repurchase of 100,000 ordinary shares as part of its buyback program initiated in April 2025. This move, executed with the assistance of Canaccord Genuity Limited, is intended to cancel the shares, reducing the total number of shares in issue to 210,598,006. This strategic buyback could potentially enhance shareholder value and reflects the company’s confidence in its financial stability and future prospects.

The most recent analyst rating on (GB:JET2) stock is a Buy with a £1700.00 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, which includes Jet2holidays, the UK’s leading provider of ATOL protected package holidays to destinations across the Mediterranean, Canary Islands, and European Leisure Cities. Jet2.com is the UK’s third largest airline by number of passengers flown, specializing in scheduled holiday flights. The company operates from 13 UK airport bases.

YTD Price Performance: 13.14%

Average Trading Volume: 739,998

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.72B

See more data about JET2 stock on TipRanks’ Stock Analysis page.