Air New Zealand Limited ( (ANZFF) ) has provided an update.
Air New Zealand Limited has announced the acquisition of 856,914 ordinary shares as part of its share buy-back program, with shares acquired both on-market and off-market from the New Zealand government. This move, which involves the cancellation of acquired shares, is part of a board-approved strategy to manage the company’s capital structure, potentially impacting shareholder value and market perception.
More about Air New Zealand Limited
Air New Zealand Limited is a major airline operating primarily in the aviation industry, offering passenger and cargo transport services. The company is focused on providing air travel solutions across New Zealand and internationally, leveraging its strategic market position in the Oceania region.
YTD Price Performance: 2.90%
Average Trading Volume: 12,078
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.2B
Learn more about ANZFF stock on TipRanks’ Stock Analysis page.