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Air New Zealand ( (ANZFF) ) has provided an announcement.
Air New Zealand has announced a share buy-back program involving the acquisition of 321,869 ordinary shares, with 157,691 shares bought on-market through the NZX and ASX, and 164,178 shares acquired off-market from the New Zealand government. This move, approved by the board, aims to optimize the company’s capital structure and is expected to be completed by November 2025, potentially impacting the company’s financial standing and shareholder value.
More about Air New Zealand
Air New Zealand Limited operates in the aviation industry, providing air transport services for passengers and cargo. The company is a major airline in New Zealand and is listed on the NZX and ASX, focusing on both domestic and international markets.
Learn more about ANZFF stock on TipRanks’ Stock Analysis page.