Air New Zealand completes share buy-back, cancels over 722,000 shares

Air New Zealand Limited has completed an ordinary share acquisition, totalling 722,543 shares as part of its announced buy-back program. This comprises 353,990 shares acquired on-market via NZX and ASX, and 368,553 shares acquired off-market from the Crown. The on-market acquisitions were priced at an average of NZD $0.6019 on NZX and AUD $0.5417 on ASX, while the off-market acquisition from the Crown was at NZD $0.6020 per share.

All acquired shares will be cancelled and will not be held as treasury stock. The on-market shares are scheduled for settlement and cancellation on September 5, 2025, with the off-market shares from the Crown following on September 8, 2025.

This acquisition was undertaken under a board-approved buy-back program, announced on February 20, 2025. Post-acquisition, the total number of ordinary shares will be 3,298,294,065, with 93 shares held as Treasury Stock.