Air New Zealand acquires shares under buy-back program

Air New Zealand (NZX:AIR) announced today that it has acquired 316,871 ordinary shares as part of its previously announced buy-back program. The acquisition includes 155,242 shares acquired on the NZX and ASX, with average prices of NZD $0.5752 and AUD $0.5317, respectively. Additionally, 161,629 shares were acquired off-market from the Sovereign in right of New Zealand acting by and through the Minister of Finance at a price of NZD $0.5754. The buy-back, approved by the Board on February 20, 2025, is conducted under NZX Listing Rules 4.14.1(a) and (b)(ii). The acquired shares will be cancelled and will not be held as treasury stock. The total number of ordinary shares after the buy-back is 3,342,360,017, with 93 shares held as treasury stock. The on-market acquisitions will settle and be cancelled on April 11, 2025, and the off-market acquisitions on April 14, 2025.