Air New Zealand concludes share buyback, reducing total outstanding shares
Air New Zealand has announced the acquisition of 1,645,355 ordinary shares. This includes 806,096 shares from on-market purchases on NZX and ASX, and 839,259 shares acquired off-market from the Crown. This initiative, part of a Board-approved buy-back program announced on February 20, 2025, represents 0.0505% of the total class of financial products.
The shares acquired on NZX and ASX cost an average of NZD $0.5934 and AUD $0.5206 respectively, while shares acquired off-market from the Crown were priced at NZD $0.5930 per security. All acquisitions were paid in full with cash, and the acquired shares will be cancelled and not held as treasury stock.
Following these acquisitions, the total number of ordinary shares excluding treasury stock stands at 3,257,648,607, with 93 shares held as Treasury Stock. The settlement and cancellation of the on-market shares are scheduled for October 17, 2025, and the off-market shares from the Crown for October 20, 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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