Air New Zealand completes share buyback, reduces outstanding shares

Air New Zealand has completed the acquisition of 1,377,285 ordinary shares, representing 0.0417% of its total financial products. This buyback comprised 674,763 shares acquired on NZX and ASX, and an additional 702,522 shares acquired off-market from the Crown, acting through the minister of finance. All acquired shares will be cancelled and not held as treasury stock.

The on-market acquisitions were executed at an average price of NZD $0.5900 for NZX shares and AUD $0.5311 for ASX shares. The off-market acquisition from the Crown was priced at NZD $0.5898 per share. All payments were made in cash and paid in full.

Following these transactions, the total number of ordinary shares stands at 3,302,447,322, with 93 shares held as treasury stock. The on-market shares acquired on August 29, 2025, will be settled and cancelled by September 2, 2025, while the off-market shares from the Crown, acquired on September 1, 2025, are set for settlement and cancellation by September 3, 2025.