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Air New Zealand ( (ANZFF) ) has shared an update.
Air New Zealand has announced the acquisition of 796,914 ordinary shares as part of its share buy-back program, which includes both on-market and off-market acquisitions. This move is part of a board-approved strategy to optimize capital structure and shareholder value, with the acquired shares set to be canceled, indicating a strategic effort to enhance financial performance and shareholder returns.
More about Air New Zealand
Air New Zealand Limited operates in the airline industry, providing air travel services primarily in New Zealand and internationally. The company is listed on the NZX and ASX, focusing on passenger and cargo transport.
See more insights into ANZFF stock on TipRanks’ Stock Analysis page.