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Air New Zealand Executes Share Buy-Back Program

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Air New Zealand Executes Share Buy-Back Program

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The latest announcement is out from Air New Zealand ( (ANZFF) ).

Air New Zealand has announced the acquisition of 1,361,013 ordinary shares as part of its share buy-back program, which includes both on-market and off-market purchases. This strategic move, approved by the board, involves acquiring shares from the NZX, ASX, and the New Zealand government, representing 0.0410% of the total class of financial products. The acquired shares will be cancelled, potentially impacting the company’s share value and market positioning.

More about Air New Zealand

Air New Zealand Limited operates in the airline industry, providing air travel services primarily within New Zealand and internationally. The company is listed on the NZX and ASX under the ticker code AIR.

For an in-depth examination of ANZFF stock, go to TipRanks’ Overview page.

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