The latest update is out from Air New Zealand ( (ANZFF) ).
Air New Zealand has announced the acquisition of 429,064 ordinary shares as part of its share buy-back program, which includes both on-market and off-market purchases. This strategic move, involving shares from the NZX, ASX, and the New Zealand Crown, is aimed at enhancing shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening the company’s financial position.
More about Air New Zealand
Air New Zealand Limited operates in the airline industry, providing air transport services for passengers and cargo. The company primarily serves the New Zealand market and international destinations, focusing on delivering quality travel experiences.
Average Trading Volume: 498,173
Technical Sentiment Signal: Sell
Current Market Cap: A$1.79B
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