Air New Zealand buys back shares on and off-market
Air New Zealand (NZX:AIR) announced today it has acquired 245,929 of its ordinary shares as part of its ongoing share buyback program. The acquisition includes 120,486 shares purchased on the NZX and ASX, and 125,443 shares acquired directly from the Sovereign in right of New Zealand acting by and through the Minister of Finance (the Crown). The average price paid was NZD 0.5990 for shares on the NZX, AUD 0.5501 on the ASX, and NZD 0.5979 for shares acquired from the Crown. The buyback is authorized under Board resolutions and relevant NZX Listing Rules and the shares acquired are to be cancelled. Post-acquisition, Air New Zealand has 3,328,325,736 ordinary shares, with 93 held as Treasury Stock.
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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