Qantas Airways Limited (AU:QAN) has released an update.
Qantas Airways Limited continues its stock buy-back strategy, purchasing an additional 1,098,794 shares on the previous day, as part of an ongoing effort to reacquire a total of 93,303,110 shares. The latest buy-back, detailed in their April 16, 2024 announcement, demonstrates the airline’s active management of its capital structure. This move could signal confidence in the company’s financial health and future prospects to those in the stock market.
For further insights into AU:QAN stock, check out TipRanks’ Stock Analysis page.
