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Air New Zealand ( (ANZFF) ) has issued an update.
Air New Zealand has announced the acquisition of 516,484 ordinary shares as part of its share buy-back program, with 253,037 shares acquired on the NZX and ASX and 263,447 shares acquired off-market from the New Zealand government. This move, approved by the board, aims to optimize the company’s capital structure, potentially enhancing shareholder value and reflecting confidence in its financial position.
More about Air New Zealand
Air New Zealand Limited is a major airline operating in the aviation industry, providing air travel services both domestically and internationally. The company is listed on the New Zealand Stock Exchange (NZX) and the Australian Securities Exchange (ASX), focusing on passenger and cargo transportation.
Average Trading Volume: 495,235
Technical Sentiment Signal: Sell
Current Market Cap: A$1.79B
See more data about ANZFF stock on TipRanks’ Stock Analysis page.