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Jet2 PLC ( (GB:JET2) ) has issued an announcement.
Jet2 plc announced the repurchase of 125,427 ordinary shares as part of its buyback program initiated on 29 April 2025. This move, conducted with the assistance of Canaccord Genuity Limited, reflects the company’s strategic decision to manage its capital structure, potentially enhancing shareholder value. The shares were bought at a volume-weighted average price of £17.0621 and will be canceled, reducing the total number of shares in issue to 213,637,612. This action may impact 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 £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, comprising Jet2holidays, the UK’s leading provider of ATOL protected package holidays to leisure destinations across the Mediterranean, Canary Islands, and European Leisure Cities, and Jet2.com, 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 package holidays and flight-only options.
Average Trading Volume: 727,860
Technical Sentiment Signal: Buy
Current Market Cap: £3.59B
Find detailed analytics on JET2 stock on TipRanks’ Stock Analysis page.