Air New Zealand reduces shares through buy-back programs

Air New Zealand Limited has acquired a total of 3,915,045 ordinary shares through its Board-approved buy-back programs. This includes 1,918,068 shares purchased on the NZX and ASX, and an additional 1,996,977 shares acquired off-market from the Crown.

The on-market acquisitions were completed at an average price of NZD $0.5902 for NZX shares and AUD $0.5300 for ASX shares, while the off-market shares were acquired at NZD $0.5903 per security.

These acquisitions represent a 0.1192% reduction in the total class of financial products. All shares acquired are paid in full and will be cancelled, not held as treasury stock. The on-market shares acquired on September 19, 2025, are scheduled for settlement and cancellation on September 23, 2025.

The off-market shares acquired from the Crown on September 22, 2025, will be settled and cancelled on September 24, 2025. Following these transactions, the total number of ordinary shares after the buy-back will be 3,280,198,414, with 93 shares held as Treasury Stock.