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Air New Zealand ( (ANZFF) ) has issued an update.
Air New Zealand has announced the acquisition of 1,174,772 ordinary shares as part of its share buy-back program. This includes shares acquired on the NZX and ASX, as well as off-market shares from the New Zealand government. The buy-back is part of a board-approved program aimed at optimizing the company’s capital structure, with the acquired shares set to be cancelled, potentially impacting the company’s share value and market positioning.
More about Air New Zealand
Air New Zealand Limited operates in the aviation industry, providing air transport services for passengers and cargo. It is a major airline in New Zealand, with a focus on both domestic and international markets.
Learn more about ANZFF stock on TipRanks’ Stock Analysis page.