Air New Zealand completes share buyback, reduces outstanding shares

Air New Zealand has completed the acquisition of 1,954,060 ordinary shares, significantly impacting its capital structure. This total comprises 957,338 shares acquired on NZX and ASX, and an additional 996,722 shares acquired off-market from the Crown. The acquisitions were part of a board-approved buy-back programme announced on February 20, 2025.

The on-market acquisitions were executed at an average price of NZD $0.5954 for shares on NZX and AUD $0.5252 for shares on ASX. The off-market acquisition from the Crown was priced at NZD $0.5954 per security. All acquired shares were paid in full with cash, representing 0.0596% of the total class of financial products in existence.

Following these transactions, the total number of ordinary shares excluding treasury stock stands at 3,274,801,691, with 93 shares held as treasury stock. All acquired shares will be cancelled, with settlement and cancellation for NZX and ASX acquisitions on October 1, 2025, and for Crown acquisitions on October 2, 2025.