Jet2 PLC (GB:JET2) has released an update.
Jet2 PLC has successfully repurchased £50 million of its convertible bonds, paying a total of £51.9 million, which reflects a premium over their face value. This move reduces the outstanding bond amount to £337.4 million and reflects Jet2’s proactive financial management strategy. Investors may see this as a sign of the company’s confidence in its financial position.
For further insights into GB:JET2 stock, check out TipRanks’ Stock Analysis page.
