Air New Zealand completes share buyback, reducing total ordinary shares

Air New Zealand has completed the acquisition of 894,932 ordinary shares under its Board-approved buy-back programme announced on February 20, 2025. This total comprises 438,447 shares acquired on NZX and ASX, and 456,485 shares purchased off-market from the Crown, the Sovereign in right of New Zealand acting by and through the minister of finance. The acquisitions represent 0.0272% of the total class of financial products in existence.

The on-market acquisitions were executed at an average price of NZD $0.5900 for NZX shares and AUD $0.5307 for ASX shares. The off-market acquisition from the Crown was priced at NZD $0.5911 per share. All acquisitions were paid in full with cash, and the acquired shares will be cancelled rather than held as treasury stock.

Following these transactions, the total number of ordinary shares excluding treasury stock stands at 3,288,586,553, with 93 shares held as treasury stock. The shares acquired on NZX and ASX on September 15, 2025, are scheduled for settlement and cancellation on September 17, 2025, while shares acquired off-market from the Crown on September 16, 2025, will be settled and cancelled on September 18, 2025.