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The latest announcement is out from Air New Zealand Limited ( (ANZFF) ).
Air New Zealand Limited has announced the acquisition of 578,287 ordinary shares as part of its share buy-back program, with 283,316 shares acquired on NZX and ASX and 294,971 shares acquired off-market from the New Zealand government. This strategic move, approved by the board, aims to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares and strengthening the company’s financial position.
More about Air New Zealand Limited
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 and focuses on both domestic and international markets.
YTD Price Performance: 1.61%
Average Trading Volume: 11,554
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.13B
Find detailed analytics on ANZFF stock on TipRanks’ Stock Analysis page.