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Jet2 PLC ( (GB:JET2) ) has shared an announcement.
Jet2 plc has announced the purchase of 116,717 ordinary shares as part of its buyback program, following shareholder approval at the 2024 Annual General Meeting. This transaction is part of the first tranche of the buyback program initiated in April 2025. The company intends to cancel these shares, which will impact the total number of shares in issue, potentially affecting 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 £1850.00 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, 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 and offers both end-to-end package holidays and flight-only options.
Average Trading Volume: 806,814
Technical Sentiment Signal: Buy
Current Market Cap: £3.37B
Learn more about JET2 stock on TipRanks’ Stock Analysis page.