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The latest announcement is out from Air New Zealand ( (ANZFF) ).
Air New Zealand has announced the acquisition of 1,679,299 ordinary shares as part of its on-market and off-market share buy-back program. This strategic move, approved by the Board, involves purchasing shares on the NZX and ASX, as well as from the New Zealand government, and aims to enhance shareholder value by reducing the number of shares in circulation. The acquired shares will be canceled, reflecting a commitment to optimizing capital structure and potentially improving earnings per share.
More about Air New Zealand
Air New Zealand Limited is a prominent airline company operating in the aviation industry, primarily offering passenger and cargo air transport 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 an in-depth examination of ANZFF stock, go to TipRanks’ Overview page.