Jet2 Launches £100 Million Share Buyback Program
The travel services company has announced the launch of a £100 million share buyback program.
The travel services company has announced the launch of a £100 million share buyback program.
The leisure travel group posted record half-year results with a 5% revenue increase and 2% rise in operating profit, despite a competitive landscape and late booking trends.
The travel company is launching a new base at London Gatwick Airport, extending its service-led offering to a further 15 million potential customers.
The leisure travel group has granted options to employees under its Sharesave Schemes, encouraging wider employee share ownership.
The leisure travel group reports summer 2025 seat capacity up 8% year-on-year, with package holiday customers growing 2% and flight-only passengers up 17%. The company plans to exercise capacity discipline for the upcoming winter season.
The leisure travel group announces the vesting of share awards for its CEO and CFO, who subsequently sold a portion of the shares to cover tax liabilities.
The travel services company has published its annual report and notice of upcoming AGM.
The leisure travel group announces the launch of the second tranche of its share buyback programme, with up to £125 million in Ordinary Shares to be repurchased over the next six months.
The leisure travel group has granted options to its top executives as part of incentive plans.
The leisure travel group reported record revenue and profit, with a 15% increase in revenue and 12% rise in profit before tax. Despite market challenges, it announced a share buyback and increased dividend.