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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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Air New Zealand ( (ANZFF) ) just unveiled an update.

Air New Zealand has announced the acquisition of 722,543 ordinary shares as part of its share buy-back program, which includes both on-market and off-market purchases. This move, approved by the board, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.

More about Air New Zealand

Air New Zealand Limited operates in the aviation industry, primarily offering passenger and cargo air transport services. The company focuses on both domestic and international markets, connecting New Zealand to various global destinations.

See more data about ANZFF stock on TipRanks’ Stock Analysis page.

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