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Air New Zealand ( (ANZFF) ) has shared an update.
Air New Zealand has announced the acquisition of 1,392,455 ordinary shares as part of its share buy-back program, which includes both on-market and off-market transactions. This move, approved by the Board, is aimed at enhancing shareholder value by reducing the number of shares outstanding, with the acquired shares set to be cancelled.
More about Air New Zealand
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, focusing on passenger and cargo transportation.
Learn more about ANZFF stock on TipRanks’ Stock Analysis page.