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Air New Zealand ( (ANZFF) ) has provided an announcement.
Air New Zealand has announced the acquisition of 602,424 ordinary shares as part of its share buy-back program, which includes on-market purchases on NZX and ASX, as well as off-market acquisitions from the New Zealand Crown. This move is part of a board-approved initiative aimed at optimizing the company’s capital structure and is expected to slightly reduce the total number of shares, potentially enhancing shareholder value.
More about Air New Zealand
Air New Zealand Limited operates in the aviation industry, providing air transport services for passengers and cargo. The company focuses on both domestic and international markets, leveraging its strategic position in the Asia-Pacific region.
See more insights into ANZFF stock on TipRanks’ Stock Analysis page.