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Air New Zealand Implements Share Buy-Back Program

Story Highlights

The latest announcement is out from Air New Zealand ( (ANZFF) ).

Air New Zealand Limited has announced the acquisition of 400,056 ordinary shares as part of its on-market and off-market share buy-back program, which was approved by the board and announced on February 20, 2025. This move, involving shares from both the NZX and ASX as well as from the New Zealand Crown, represents 0.0120% of the total class of financial products and aims to enhance shareholder value by reducing the number of shares in circulation.

More about Air New Zealand

Air New Zealand Limited operates in the aviation industry, providing air travel services primarily in New Zealand and internationally. The company is listed on the New Zealand Stock Exchange (NZX) and the Australian Securities Exchange (ASX), with a focus on passenger and cargo transportation.

YTD Price Performance: 9.68%

Average Trading Volume: 11,164

Technical Sentiment Signal: Buy

Current Market Cap: $1.15B

For an in-depth examination of ANZFF stock, go to TipRanks’ Stock Analysis page.

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