Air New Zealand concludes share buy-back program

Air New Zealand Limited has announced the acquisition of 968,680 ordinary shares, representing 0.0296% of its total class of financial products. This comprises 474,578 shares acquired on NZX and ASX, and an additional 494,102 shares acquired off-market from the Crown. The acquisitions are part of a board-approved buy-back program initiated on February 20, 2025.

The shares acquired on NZX had an average price of NZD $0.5966, while those on ASX were acquired at an average of AUD $0.5240. The off-market acquisition from the Crown was priced at NZD $0.5960 per share. All transactions involved cash payment and were paid in full. Following these acquisitions, Air New Zealand now has 3,267,932,772 ordinary shares outstanding, with 93 shares held as treasury stock.

The shares acquired on NZX and ASX on October 3, 2025, will be settled and cancelled on October 7, 2025. The off-market shares from the Crown, acquired on October 6, 2025, will settle and cancel on October 8, 2025. The company confirmed these actions were undertaken in accordance with NZX Listing Rules 4.14.1(a) and 4.14.1(b)(ii).