Jet2 plc Initiates Share Buyback Programme

The latest announcement is out from Jet2 PLC ( (GB:JET2) ).

Jet2 plc has announced the purchase of 57,072 ordinary shares as part of its buyback programme initiated on 29 April 2025. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. The shares were purchased at prices ranging from £17.7000 to £17.9400 and will be canceled, reducing the total number of shares in issue to 210,352,162. This transaction reflects Jet2’s commitment to optimizing its financial operations and could have implications for shareholder interests and market perception.

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 that 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.

Average Trading Volume: 728,483

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.71B

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