Jet2's £250m giveaway a boon for institutions, less so for ISA investors

  • It is not often investors get an unexpected treat, but Jet2 PLC (AIM:JET2) handed one out with its latest trading update. Alongside steady guidance for the year ahead, the leisure airline and package holiday group unveiled plans for a £250 million share buyback, a move Peel Hunt called "very positive" given the company's robust balance sheet.