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Jet2 plc Initiates Share Buyback Program

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Jet2 plc Initiates Share Buyback Program

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Jet2 PLC ( (GB:JET2) ) has issued an update.

Jet2 plc announced the purchase of 40,000 ordinary shares as part of its buyback program, initially announced in April 2025. The shares were bought at an average price of £17.8850 each and will be canceled, reducing the total number of shares in issue to 209,377,069. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

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. It also operates Jet2.com, the UK’s third largest airline by passenger numbers, specializing in scheduled holiday flights. The company operates from 13 UK airport bases and offers both package holidays and flight-only options.

Average Trading Volume: 739,246

Technical Sentiment Signal: Buy

Current Market Cap: £3.63B

For detailed information about JET2 stock, go to TipRanks’ Stock Analysis page.

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