Air New Zealand acquires 578,287 shares in buyback program
Air New Zealand (NZX:AIR) announced today the acquisition of 578,287 ordinary shares as part of its ongoing on-market and off-market share buyback programme, which was initially announced on February 20, 2025. The acquisition includes 283,316 shares acquired on both the NZX and ASX, and 294,971 shares purchased directly from the Sovereign in right of New Zealand acting through the Minister of Finance (the Crown). The shares acquired on NZX and ASX had an average price of NZD 0.5814 and AUD 0.5396, respectively. The shares bought from the Crown were acquired for NZD 0.5819. The total acquisition represents 0.0173% of the company's financial products, and all acquired shares will be cancelled. The purchases were authorised by the Board resolution, with NZX Listing Rules 4.14.1(a) and 4.14.1(b)(ii) governing the respective acquisitions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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