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Jet2 plc Strengthens Position with Bond Repurchase

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Jet2 plc Strengthens Position with Bond Repurchase

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

Jet2 plc has repurchased an additional £33 million of its £337.4 million convertible bonds due in 2026, at a total consideration of £34.5 million. This move reduces the outstanding bond principal to £304.4 million, potentially strengthening Jet2’s financial position and reflecting strategic financial management.

More about Jet2 PLC

Jet2 plc operates in the leisure travel industry, offering vacation packages and airline services. The company focuses on providing affordable travel options primarily in European destinations.

YTD Price Performance: -4.55%

Average Trading Volume: 2,524

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.05B

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

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