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Air New Zealand ( (ANZFF) ) has issued an announcement.
Air New Zealand has announced the acquisition of 1,202,260 ordinary shares as part of its share buy-back program. This includes both on-market purchases on the NZX and ASX and off-market acquisitions from the New Zealand government. The move, approved by the board, aims to optimize the company’s capital structure and enhance shareholder value. The acquired shares will be canceled, reducing the total number of shares in circulation, which may positively impact the company’s stock value and market perception.
More about Air New Zealand
Air New Zealand Limited is a prominent airline company operating in the aviation industry, providing air travel services primarily within New Zealand and internationally. The company is listed on the NZX and ASX and focuses on offering passenger and cargo transport services.
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