UK's Jet2 rises after share buyback announcement

Jet2

19/11/2025 09:05

** Shares of British airline and travel company Jet2 JET2.L up 4.46% at 1,358.47 p
** Co launches new share buyback of 100 million pounds ($131.4 million)
** Co expects London Gatwick operations to move into profitability in FY29 and to deliver meaningful profit growth thereafter
** Up to Tuesday's close, stock had fallen 17.75%

($1 = 0.7612 pounds)

 (Reporting by Simone Lobo)

 ((Simone.Lobo@thomsonreuters.com, +919920570373))