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The latest announcement is out from Air New Zealand ( (ANZFF) ).
Air New Zealand has announced the acquisition of 1,472,658 ordinary shares through a share buy-back program, which includes both on-market and off-market transactions. This strategic move, approved by the board, aims to enhance shareholder value by reducing the number of outstanding shares, with the acquired shares set to be cancelled.
More about Air New Zealand
Air New Zealand Limited is a major airline company operating in the aviation industry, primarily providing air travel services. The company is listed on the New Zealand Stock Exchange (NZX) and the Australian Securities Exchange (ASX), focusing on both domestic and international markets.
For a thorough assessment of ANZFF stock, go to TipRanks’ Stock Analysis page.