Air New Zealand completes share buyback, reducing capital by 0.04%
Air New Zealand Limited has completed an acquisition of 1,399,579 ordinary shares, comprising 685,685 acquired on NZX and ASX, and 713,894 acquired off-market from the Crown. This move, part of a board-approved buyback program, represents a 0.0428% reduction in the total class of financial products in existence.
The on-market acquisitions were executed at an average price of NZD $0.5950 on NZX and AUD $0.5241 on ASX. The off-market acquisition from the Crown was priced at NZD $0.5955 per share. All acquired shares were paid for in cash and will be cancelled, not held as treasury stock.
Following these transactions, the total number of ordinary shares after the buyback stands at 3,270,638,442, with 93 shares held as treasury stock. The shares acquired on NZX and ASX on October 1, 2025, are set to settle and cancel on October 3, 2025, while those acquired off-market from the Crown on October 2, 2025, will settle and cancel on October 6, 2025.
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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