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The latest update is out from Air New Zealand Limited ( (ANZFF) ).
Air New Zealand Limited has announced the acquisition of 316,871 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 enhance shareholder value by reducing the total number of shares in circulation, potentially increasing earnings per share and reflecting confidence in the company’s financial health.
More about Air New Zealand Limited
Air New Zealand Limited operates in the airline industry, providing air travel services primarily within New Zealand and internationally. The company is a key player in the aviation market, focusing on passenger and cargo transportation.
YTD Price Performance: 2.26%
Average Trading Volume: 11,006
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.08B
See more data about ANZFF stock on TipRanks’ Stock Analysis page.